Use This Form If:

• Individuals who are going through a divorce need to complete a Financial Statement to ensure that both parties are aware of each other's financial situations. This document helps in making informed decisions regarding property division and support obligations.
• Situations requiring a marital settlement agreement often necessitate the use of a Financial Statement. By disclosing financial information, both spouses can negotiate terms that are equitable and based on a clear understanding of their combined economic circumstances.
• To comply with Utah state law, both parties in a divorce must provide a Financial Statement as part of the divorce proceedings. This form is essential for the court to assess the financial implications of the divorce and to finalize the settlement.
• For those seeking to establish spousal support or alimony, a Financial Statement is crucial. It provides a comprehensive overview of income and expenses, which is necessary for determining fair support amounts.
• Couples who have complex financial situations, such as multiple properties or business interests, will benefit from using a Financial Statement. This form allows for a detailed disclosure of assets and liabilities, facilitating a smoother negotiation process.