Working out a client's income needs during a divorce

During divorce proceedings both spouses will be required to collate their financial information, usually setting it out in a prescribed court document, known as a Form E, and exchanging this information (known as financial disclosure) with each other and their professional advisers so that everyone has a complete picture of the financial circumstances. Only at this point can negotiations for a financial settlement generally begin. In some cases, the assistance of a financial adviser is highly beneficial with the preparation of a Form E. One element of financial disclosure includes prepar...