Tips for completing a Form E divorce
The Form E is a long detailed document, and it may take some time to gather all the information and documents. Preparation, organisation and starting early are key.
Get property and valuable possessions professionally and properly valued – Do not try to work out valuations yourself as they may be over or under valued.
Do not ignore pensions. Make sure you include all relevant information concerning your pensions (no matter how small), such as the present value and expected future pay-outs.
Be truthful and honest. You have a duty to provide accurate and true disclosure of all your financial and personal circumstances.
Complete your financial statement as completely and accurately as possible. If in doubt, include it!
Consider both your immediate and long-term financial needs. This should include housing, living expenses, childcare, your retirement needs and any other financial obligations that may develop following the divorce.
Be realistic in completing your schedule of outgoings. Include actual expenditure and do not guess.
Take expert advice from an IFA or Accountant on any financial matters you are unclear about.