Do you have an upcoming initial hearing in your family law case? If so, you are likely
tasked with completing either a Financial Disclosure Statement (“FDS”) or an Income
and Expense Form (“I/E Form”).

The purpose of these court forms is to provide a snapshot of your financial
circumstances. By listing your monthly income, expenses, debts, assets, and supporting
documents regarding your proof of income, then the Court has the information
necessary information not make financial Orders (i.e. maintenance or child support).
Typically, at the start of a family law action, you will file a preliminary copy of either form.
Come the final hearing date (i.e. of your divorce), you may be required to file an
updated copy.

Why would we advise you to retain an attorney to prepare and review your copy of a
completed FDS or I/E Form?

For starters, the court form requires some improvement by today’s standard. Our office
uses an internal copy that better portrays your financial information in a more digestible,
and understandable format.

Second, our office paralegals and your assigned attorney will both diligently review the
drafted copy you provide us to ensure there are no type-o’s ($10,000 in credit card debt
is different than $10.00). This office practice ensures that what we file is complete and
accurate.

If you are self-employed, it is likely that your financial forms requires further review to
adequately portray your personal and business expenses. If your financial
circumstances are in flux or complex, it is also recommended to consult with an attorney
to best represent your financial circumstances to the Court.

Local rules exist and vary across Wisconsin counties and may include deadlines for the
filing of your financial documentation. Not following these Court procedures, may
immensely disadvantage you come the day of your hearing.
With these pointers in mind, we hope you are more informed and prepared to finalize
your financial forms.