Use This Form If:

• Individuals who are initiating divorce proceedings will need to complete a Financial Statement to ensure that both parties are aware of each other's financial situations. This form helps in negotiating terms of the marital settlement agreement by providing a clear picture of assets and liabilities.
• Situations requiring a transparent financial disclosure often arise during divorce mediation. The Financial Statement serves as a crucial document that both spouses can refer to when discussing the division of property and financial responsibilities.
• For those seeking to finalize their divorce, the Financial Statement is essential in documenting the financial circumstances of each spouse. This ensures that the final divorce papers reflect an accurate and agreed-upon understanding of the couple's economic situation.
• Couples who have complex financial situations, such as multiple income sources or significant assets, will benefit from using this form. It allows for a detailed breakdown of finances, which can be critical in reaching a fair settlement.
• Attorneys representing clients in divorce cases often require a Financial Statement to prepare for negotiations. This document provides the necessary financial information to advocate effectively for their clients' interests.