Use This Form If:

• Individuals who are going through a divorce may need to complete a Financial Statement to ensure that both parties have a clear understanding of their financial situations. This form serves as a comprehensive record of income, assets, and liabilities, which is crucial for equitable property division.
• Situations requiring a marital settlement agreement often necessitate the use of a Financial Statement for Divorce. This document helps both spouses disclose their financial information, ensuring that decisions regarding support and asset division are made with full knowledge of each other's economic circumstances.
• For those preparing for court proceedings related to divorce, submitting a Financial Statement is essential. It provides the court with a detailed view of each party's financial status, which aids in making informed decisions about spousal support and property distribution.
• Couples negotiating their divorce terms may find the Financial Statement invaluable for transparency. By documenting their financial disclosures, both parties can negotiate more effectively and reach a fair settlement based on accurate information.
• Attorneys representing clients in divorce cases will often require a Financial Statement to build a strong case. This form not only helps in negotiations but also serves as a critical piece of evidence in court, demonstrating the financial realities of both spouses.