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Feb 2, 2024 · A Personal Financial Statement is a document that summarizes your current financial position by detailing your property, assets, and liabilities. The result is a description of your net worth, also known as your economic position.
Filling out your Financial Statement. When filling your Financial Statement (Form 13 or Form 13.1), you should: pay attention to the timing of the information you are providing – you may have to provide financial information from a certain time period; multiply the weekly cost of an expense by 4.3 to get the monthly amount; multiply the ...
This template will enable you to present your current financial situation and make strategic decisions. While most accounting software can help you create financial statements, you can use this free template to create your own manually, if needed.
Your Personal Information What is Personal Information? Personal Information is information that identifies you as an individual. It includes not only your name and address, age and gender, but also your personal financial records, identification numbers including your social insurance number (SIN), personal references and employment records.
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It's very important that you and your partner share complete and honest information about your financial situation. This includes information about your income, expenses, assets, and debts. This is called financial disclosure. Make sure you read the instructions on how to complete the financial statement court form carefully on page 1 of the form.
Financial statements give family courts insight into your unique situation to make suitable rulings. 6. Getting Support for Completing the Forms. Don’t hesitate to get legal advice and assistance with your financial statement. You can get support from: An experienced family law lawyer in Ontario such as Goldhart Law PC; Legal aid clinic ...
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A personal financial statement is a document that outlines an individual’s financial situation. It provides a snapshot of their assets, liabilities, income, and expenses. Personal financial statements are typically used by lenders, investors, and other financial institutions to assess an individual’s creditworthiness and financial stability.
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