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.