Form 13 Financial Statement Drafting Tips & Traps

Embarking on the journey to complete the Form 13 Financial Statement might seem like a daunting task at first glance. However, taking the initiative to do it yourself can not only save you valuable time but also a significant amount of money. With a little bit of guidance and determination, you can successfully navigate this process and make it an empowering experience.

The Family Court of Western Australia has provided a wealth of resources to help individuals better understand the intricacies of financial statements and the legal processes that surround them. Before you begin filling out the Form 13 Financial Statement, it is highly recommended that you read through the informative brochures available on their website starting with:

This document provides a comprehensive guide on completing the Form 13 Financial Statement, required by the Family Court of Western Australia for financial and property settlement cases. It details the necessary steps, disclosure obligations, and the importance of accuracy and honesty in providing financial information to ensure a fair outcome. 

Another useful brochure is Disclosure and Property in Financial Cases brochure. This vital resource outlines the importance of disclosing all relevant financial information to the court and the consequences of failing to do so. Reading this material will give you a clearer picture of your responsibilities in the process.

The Marriage Family and Separation brochure is another essential resource to consult. This comprehensive guide will help you understand the emotional, legal, and financial implications of separation and provide you with practical advice on how to manage these challenges.

Once you have familiarized yourself with these crucial materials, you will be better equipped to tackle the Form 13 Financial Statement on your own. Remember, the more information and clarity you can provide, the smoother the process will be for all parties involved. Begin by gathering all necessary financial documents, such as bank statements, tax returns, and property deeds. Having these materials readily available will make it easier for you to provide accurate information in your Form 13 Financial Statement.

As you work through the form, take the time to carefully read and understand each section. If you encounter any difficulties or are unsure about certain aspects, don’t hesitate to consult the resources provided by the Family Court of Western Australia or seek advice from a qualified legal professional.

However, before turning to your lawyer for assistance, it’s important to give it your best shot on your own. By attempting to complete the form independently, you’ll develop a deeper understanding of your financial situation and will likely save on legal fees in the process. Keep in mind that the Form 13 Financial Statement is a legally binding document, and providing false or misleading information can lead to severe consequences. Therefore, it’s crucial to be honest, transparent, and meticulous when filling out the form.

As you proceed, be sure to double-check your figures and calculations. Ensuring that your financial information is accurate and up-to-date will help to prevent any potential delays or complications down the line. Completing the Form 13 Financial Statement may seem like an overwhelming task, but breaking it down into manageable sections and working through it methodically can make the process more approachable.

Submitting a well-prepared and accurate Form 13 Financial Statement will help to streamline the legal process and ensure a fair outcome for all parties involved. Here are some of Loukas Law’s Tips of working your way through your Form 13 Financial Statement:

Part D – Income

Complete all relevant items.

Calculate gross weekly amounts for various incomes.

Include business income, government payments, and employment benefits.

List other income sources.

Have an accountant/financial advisor check figures.


Part F – Expenses paid by others

List expenses paid by others for your benefit.

Relevant for maintenance claims, child support departure applications, and property proceedings.


Part G – Personal expenditure

Include income tax, superannuation contributions, and compulsory rates/taxes.

List other insurance premiums, motor vehicle registration, hire purchase/lease agreements, and credit card payments.

Total all other expenditure.


Part H – Personal expenses paid for others’ benefit

Be accurate, especially if defending maintenance claim.


Part I – Property owned by you

Include all property owned or with an interest in, both domestic and overseas.

Conduct title searches for real estate ownership.

List bank balances, business income, household contents, and other personal property.


Part J – Superannuation

Determine type and value of superannuation interest.

Send required forms and fee to the Trustee of super fund.

Attach completed Superannuation Information Form to Financial Statement.


Part K – Your liabilities

Include current figures for all liabilities and your percentage share of the debt.

State total income tax assessed and still owing.

List personal liabilities.


Part L – Financial resources

Include financial resources, e.g., discretionary beneficiary of a Trust.


Part M – About disposal of property

Complete this section if property disposed of in specific timeframes.


Part N – Orders for maintenance, child support, financial enforcement

Don’t repeat expenses listed in Part G.

Calculate weekly amount for all expenses.

Break up expenses between individuals.

Adult and children’s expenses relevant to maintenance and child support claims.


Part O – Additional information

Use this section for notes or additional information.

Include Part and paragraph number.



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