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Form E help

(4 Posts)
industrial Fri 03-Jan-20 17:12:08

Hi does anyone have a link to guidance notes on how best to complete Form E.
I'm a bit stumped on No39, financial requirements.

What do I need to include in 3.1 Income Needs

And 3.1.1 income needs for yourself

Part 2 capital needs

Thank you

OP’s posts: |
UncleHerbie Fri 03-Jan-20 18:07:53

https://www.divorcefinance.co.uk/Content/files/bb84-NotesToo_Form_E.pdf

MrsBertBibby Fri 03-Jan-20 18:50:46

Income needs is exactly that : all your monthly needs. Housing, bills, clothing, debts, car, phones, food, hairdressing, holidays, gifts, Xmas, etc. Plus for the kids. The total should represent the Income you need to cover you every month.

Capital is how much you need to tehouse/replace a car etc.

caketimeisover Tue 07-Jan-20 19:22:11

I've just filled in something very similar for mediation. For income needs, I used an expenses spreadsheet to itemise all my outgoings - you'll probably think of the big things like housing etc, but it's worth itemising everything and there's probably loads of stuff you might not think of. Something like this: www.startmediation.co.uk/wp-content/uploads/2014/02/Budget-planner.pdf

Then in the main box in the form I just put the totals for each section (housing, children, transport etc)

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