Financial Disclosure asking for new partner's income? Help!!!

[WarriorQueen]

Hi I was hoping someone might be able to shed some light on this for me.....

I have moved in with my DP recently, he is in the process of going through a divorce (they split up 2 years ago).

After much toing and froing the divorce is underway. He has been asked to fill in a form E which asks him to list all of his financial info. There is one section on the form that asks him to lput down my earnings and also any assets that I might have.
This has made me worry. I have soem moeny in the bank that was left after I sold my marital home after I got divorced last year. This is quite a large sum. It also asks him to list what I earn. I do work part time but I do not earn enough to even pay tax (I have two young children so most of my time I spend caring for them at home).
My question is why are they asking him to list what I have/earn?
Will I be asked to contribute in anyway, will this be taken into consideration?

Sorry forgot to say thanks!

You won't be asked to make any payment,but needs are a relevant factor. If he's living with a millionaire, his need to retain as much out of the marital pot won't be as great.

Thank you Collaborate,

I guess I just feel worried.

I bring in money to our finances but it is only about £300 a month.

but it is the lump sum i am worried about, I want us to be able top use that as a deposit to buy a home together in a few years.

she does not work (has one child) and lives in their old home. he pays half of the mortgage and pays double what the CSA calculator says he should pay.

It would seem grossly unfair to me if the money that I got after my divorce was taken into account and the money I earn (albeit very little) meant that he and i were left with less when in actual fact this has nothing to do with me.

Don't worry, there's no way you will have to contribute anyof your money to your DP's ex. As Collaborate says, your income etc is relevant to the degree that you are making a contribution towards your joint bills, and no more.

but it is the lump sum i am worried about, I want us to be able top use that as a deposit to buy a home together in a few years.

That's the issue though isn't it? Those are his circumstances. He has better mortgage capacity, and more ability to repair his financial position. That will be taken into account.

could you not 'move out' until his divorce is sorted?

Olgaga - yes this is his position he will have access to my money that i got from the sale of my house when i got divorce (50/50 split of assets) which i understand and i appreciate.

i just thought that my financial situation would not have been taken into account, for example what if i did not want him to ever have access to my lump sum? Say for example I was not prepared to put all my money into a house as when he in actual fact is coming to the table with nothing as all his assets are tied up in the home that his ex wife lives in with their son? I do not think it would be unreasonable of me to say that i was not prepared to stump up that money for a deposit? Which would therefore mean that he would not have access to it to repair his financial situation.

As far as me moving out goes I cant really do that my sons are in school here and we have no family close by.

I agree it is confusing as you are not married, and your assets are not joint assets.

However if you are cohabiting I suppose he will get the benefit of your comfortable financial position in that you are able to pay your way.