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Court File Number ONTARIO Family Court of the Superior Court of Justice 04FL1234 (Name of Court) Family Law Rules, O. Reg. 114/99 at 161 Elgin Street, Ottawa, Ontario, K2P 2K1 Form 13.1: Financial

How to fill out completed financial statement form

How to fill out a completed financial statement form:

1. Start by gathering all the necessary financial documents such as bank statements, tax returns, income statements, and any other relevant information.
2. Begin filling out the form by providing your personal information, including your name, address, contact information, and social security number.
3. Move on to the section that asks for your income details. Here, you need to list all your sources of income, such as salary, investments, rental income, etc. Be sure to provide accurate figures and include any supporting documentation if required.
4. Proceed to the section that requires you to list your expenses. This includes things like monthly bills, rent/mortgage payments, loan payments, insurance premiums, and any other regular expenses. Again, provide accurate information and be prepared to submit relevant documents.
5. If the financial statement form includes a section for assets, detail all your assets such as property, vehicles, investments, and savings accounts. Provide accurate valuations and any necessary supporting documentation.
6. Similarly, if there is a section for liabilities, list all your debts, including credit card balances, loans, mortgages, and any other outstanding obligations. Be transparent and include accurate figures.
7. Make sure to review the completed financial statement form thoroughly for any mistakes or omissions. It's important to present an accurate and truthful picture of your financial situation.
8. Finally, sign and date the form to certify that the information provided is true and accurate to the best of your knowledge.

Who needs a completed financial statement form:

1. Individuals applying for a loan: When applying for a loan, lenders often require a completed financial statement form to evaluate the borrower's financial health and ability to repay the loan.
2. Divorcing or separating couples: A completed financial statement form is commonly required during divorce or separation proceedings to assess the financial situation of both parties and determine the division of assets and liabilities.
3. Small business owners: Business owners may need to fill out a financial statement form when seeking funding, attracting investors, or applying for business licenses.
4. Court proceedings: In certain legal cases, such as bankruptcy or probate, a completed financial statement form may be necessary to assess an individual's or entity's financial standing.
5. Financial advisors or planners: Professionals in the financial industry may request clients to fill out a financial statement form to gain a comprehensive understanding of their financial situation and provide appropriate advice or recommendations.

Remember, the specific requirements for a financial statement form can vary depending on the purpose and context. It is important to refer to the instructions provided with the form or consult a professional if you have any doubts or questions.

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