What is Form E UK divorce?

Form E is a financial statement which is completed and signed by each party to a divorce when they are exchanging financial disclosure. In a divorce case, a Form E is a standard form of Statement which both parties will complete with a view to providing each other with a complete picture of their financial position.

Do you have to show bank statements in divorce UK?

If you are going through a divorce, separation or attending mediation, there is a duty of full and frank financial disclosure. This means that it is necessary for you and your spouse/partner to completely and honestly disclose your true financial positions.

What is a financial statement in divorce?

The divorce financial statement is a form that lists all assets and liabilities of each person involved in the divorce. Each person must fill one out their portion and submit it to the court in order to explain their financial situation to the court.

Can you divorce without form e?

For most divorces, a Form E is not strictly required because many couples are able to come to an agreement without involving the courts. However, where a couple is able to come to a voluntary agreement, they may apply to court to make their agreement legally binding in the form of a Financial Consent Order.

What happens if spouse refuses to complete form E?

Failure to provide a voluntary Form E could lead to your spouse making an application to the Court for a financial remedy which will incur significant cost and time in paying for legal representation and attending Court hearings.

Do you have to do a form E for divorce?

Completing Form E is not compulsory in every divorce. It’s only compulsory if you or your spouse have asked the court to approve a financial order to divide money and assets.

Is my husband entitled to half my savings UK?

A financial settlement provides a financial clean break, meaning that neither spouse can make any future claims against each other’s future assets, including personal savings.

Is hiding assets in divorce illegal UK?

It is illegal to intentionally hide assets from the court during a divorce. There is a duty on each spouse to make a full and frank disclosure of their financial position, which includes the full extent of their assets.

Can I divorce without a financial settlement?

The most important thing to stress is that if you’ve already divorced without reaching a financial settlement, it’s not too late. While it’s usually advised you reach a financial settlement and get a financial order from court at the time of divorce, you can still do this after you’re divorced.

Does form E require a solicitor?

Technically, you do not need to instruct a solicitor to help you complete Form E. However, as set out above, it is a long form and there can be serious consequences for filling it in incorrectly.