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Court Financial Statement Form Template for England and Wales

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Key Requirements PROMPT example:

Court Financial Statement Form

"I need to complete a Court Financial Statement Form for my upcoming divorce proceedings in March 2025, including comprehensive details of my business interests and investment portfolio worth over £2 million, plus information about financial arrangements for my three dependent children."

Document background
The Court Financial Statement Form is a crucial document in the English and Welsh legal system, primarily used in divorce and financial remedy proceedings. It requires parties to provide full and frank disclosure of their financial position, including all assets, liabilities, income, and expenditure. This comprehensive form helps courts make informed decisions about financial settlements and ensures transparency between parties. The document must be completed accurately and truthfully, with supporting evidence such as bank statements, property valuations, and pension details attached. False statements can result in serious legal consequences, including potential contempt of court.
Suggested Sections

1. Personal Details: Basic information including name, address, date of birth, and occupation

2. Financial Summary: Overview of assets, liabilities, income, and expenditure

3. Property Information: Details of all property interests including family home and other real estate

4. Income Details: All sources of income including employment, benefits, and investments

5. Capital Assets: Bank accounts, investments, vehicles, and other valuable items

6. Liabilities: All debts, loans, and financial obligations

Optional Sections

1. Children's Information: Details about dependent children - required when children are involved in the proceedings

2. Business Interests: Details of any business ownership or interests - required when party owns or has interest in any business

3. Pension Information: Details of pension arrangements - required when party has pension arrangements

Suggested Schedules

1. Bank Statements: Last 12 months of statements for all accounts

2. Property Valuations: Recent valuations of all properties

3. Salary Documentation: P60s, payslips, and employment contracts

4. Investment Statements: Documentation of all investments and their current values

5. Mortgage Statements: Current mortgage statements for all properties

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions






























Clauses

























Industries

Matrimonial Causes Act 1973: Primary legislation governing divorce and financial proceedings in England and Wales, providing the court's powers to make financial orders

Civil Procedure Rules (CPR): Rules governing civil litigation in England and Wales, providing procedural framework for court proceedings

Family Procedure Rules 2010 (FPR): Specific rules governing family proceedings, including detailed requirements for financial disclosure and statement forms

Matrimonial and Family Proceedings Act 1984: Legislation providing additional powers to the court in family proceedings and financial remedy cases

Children Act 1989: Legislation concerning arrangements for children, which may impact financial considerations in cases involving minor children

Family Proceedings Fees Order: Regulations specifying court fees and payment requirements for family proceedings

Civil Proceedings Fees Order: Regulations detailing court fees applicable to civil proceedings aspects of family cases

Practice Direction 9A: Detailed guidance on financial remedy proceedings, including specific requirements for financial statement forms

Practice Direction 9B: Guidelines specifically focused on Financial Dispute Resolution appointments and procedures

FPR Part 9 Disclosure Obligations: Specific requirements for full and frank disclosure of financial information in family proceedings

Privacy and Confidentiality Rules: Rules governing the confidentiality of financial information disclosed in court proceedings and its permitted uses

Service Requirements: Rules specifying how and when financial statements and related documents must be served on other parties

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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