Form 13.1 requires detailed financial disclosure including income, expenses, assets, and debts
A Form 13.1 Financial Statement is a crucial legal document that provides a complete picture of your financial situation during divorce or family court proceedings. Accurate completion is essential for fair resolution of your case.
The form must include:
- Income details – employment earnings, investments, benefits, and other revenue sources
- Monthly expenses – housing, utilities, transportation, food, and other living costs
- Assets – property, vehicles, investments, RRSPs, bank accounts, and valuable items
- Debts and liabilities – mortgages, loans, credit cards, and other outstanding obligations
For best results, gather all relevant financial documents before starting and consider consulting a family law professional or financial advisor to ensure accurate completion. Providing false or incomplete information can have serious legal consequences.