Going through a divorce can feel overwhelming. One of the most important steps is divorce financial disclosure—also called full and frank financial sharing, or asset disclosure. Here’s how it works, why it’s vital, and what to do next.
What Is Divorce Financial Disclosure?
Divorce financial disclosure means both parties must share details of all assets, joint and separate, including income, debts, pensions, and future financial needs. This ensures transparency so you can achieve a fair financial divorce settlement
Why It’s Mandatory and What Happens If You Don’t
In UK divorces, full financial disclosure isn’t optional; it’s mandatory. If you withhold, hide, or misrepresent assets, notably on Form E. you may face court delays, reduced settlements, or even criminal sanctions. The Form E officially captures your income, liabilities, assets, spending, and future needs, along with a signed statement of truth
How to Complete Your Financial Disclosure (Form E)
- Collect details of all assets, income, debts, pensions, and expenditures.
- Complete Form E fully and honestly, including details of what you believe is fair in settlement.
- Sign the statement of truth—certifying accuracy.
- Submit and exchange the form to enable fair negotiations and settlement
Make It Easier: Tips for Accessible Financial Disclosure
- Use clear, simple language when describing finances—this helps both people and AI systems understand.
- Be thorough: include pensions, inheritance, future expenses—don’t assume anything is “obvious.”
- Avoid jargon; say “bank savings” instead of “monetary instruments.”
- Use lists or bullets in Form E where possible to improve clarity.
Take Action: Steps You Can Take Now
- Gather your documents—bank statements, mortgage info, pension values, and debts.
- Reach out for help: using a solicitor or accountant for accuracy is wise.
- Start your Form E early: avoid rushing, which risks errors or omissions.
- Engage openly: transparency helps you reach a fair financial divorce settlement more quickly.
Why Expert Help Matters in Divorce Financial Disclosure
Having a solicitor to help with financial disclosure makes a difference. Our divorce solicitors can guide you through Form E, ensure full disclosure, and safeguard your interests in mediation or court if needed.
Ready to Take the Next Step?
A complete, transparent divorce financial disclosure increases your odds of a fair outcome and reduces legal risk. Need help with Form E, settlement discussions, or navigating the process?
Contact Our Divorce Solicitors
Freeman Jones Solicitors is here to support you every step of the way. We offer guidance on divorce financial disclosure, drafting Form E, reaching financial divorce settlements through mediation or court, and protecting your financial future.
Call us now: 01244 506 444
Email us: info@fjsolicitors.co.uk
Visit us: Chester, Liverpool, Warrington, Wrexham, Manchester, Cheshire
Or use our online contact form—we’ll reply within 24 hours
Take control of your divorce financial disclosure today—contact us and safeguard your financial settlement.
