How long is a Form E valid for?

A Form E financial statement does not have a specific expiry date or validity period. It is meant to provide details of someone’s financial circumstances at a particular point in time. In any financial proceedings or negotiations, there is a continuing duty of financial disclosure. This means that disclosure must always be accurate, up-to-date, and ongoing.

Any significant changes to a person’s income, assets, or liabilities must be promptly disclosed. To avoid allegations of non-disclosure, a Form E should be updated periodically to ensure the financial information accurately represents current circumstances.