The Financial Statement is one of the most commonly used Court forms by legal professionals but it can be tedious to complete.
FamilyProperty's Financial Statement makes it so much easier by pre-populating the balance sheet information, income and expenses etc directly into our unique smart form allowing you to easily complete additional fields before generating this court form. Use the Financial Statement Part N form separately with your client and have this information added to your downloaded Financial Statement.
Watch the short video below to learn more about using the Financial Statement, including part N. Please note: For Smokeball users, access this form by clicking on the Smart Forms Button in the Property or Parenting Tab.
These forms can be shared with clients making it easier to collect crucial information to complete this document.
Overview of the Main Steps
1. Prior to generating the Financial Statement, ensure that:
- The Balance Sheet is complete with all assets, liabilities, superannuation etc and that the ownership and value is correct.
- The details for each item in your balance sheet is complete
- Refer to the information in general details to review income and expense information that the client may have entered in the questionnaire. This can also be filled out within the smart form.
- Complete Financial Statement - Part N (see below) if you would like this information to flow into the generated form.
2. Open the Financial Statement smart form:
- Go to your Smokeball matter and click into the Property or Parenting tab.
- Click on Smart Forms button
- Search or go to Court Documents and then click on Financial Statement.
- Complete all necessary questions and review pre-populated information.
- You can save the form and re-open it using the Smart forms button at any time to continue working.
3.Click 'Download' to generate the court form in Word. It will be saved to the documents section in your Smokeball matter.
Part N
Locate Financial Statement - Part N within the document list (as above).
Click on the form to launch and complete it on behalf of the client. Save
- Alternatively, share the form with your client to complete. Click on the 3 dots icon, then 'Get shareable link'. Copy this link and then email it to the client. You'll receive a notification once the client saves their information. Review their information by launching the form using the Smart Forms button and save any further edits you wish to make.
- This information will populate Part N of the generated Financial Statement.
