Form E Disclosures

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Form E Disclosures

When you file for divorce in Hong Kong and proceed through the court system, there are a number of steps and forms you need to fill out as part of your divorce. One of the key disclosure documents you must fill out is a Form E.  A Form E is a disclosure document which outlines your assets and liabilities thus providing your ex-spouse and the court with full transparency of your financial status with supporting financial documents. In the Form E, you will need to fill out all the details of your financial status including your income, property, assets and liabilities.  This document is signed under oath so it must be a true statement as a false statement may then be a contempt of court. In the event you and your spouse come to an agreement over the finances without court intervention, you both may be spared from exchanging a Form E if it is mutually agreed to waive the exchange of such disclosures. If however, you proceed through the court system and litigate your divorce, a Form E will be mandatory and you will have to exchange this disclosure document with your ex-spouse.

Let’s go through a Form E so you have a better idea of what is asked in the document and what information you must provide:

Part 1: General Information: In Part 1 of the Form E, you will need to provide general information such as your full name, birthdate, date of marriage and employment information. In this section, you will also need to provide your date of separation, whether you intend to remarry and information about your children such as their birthdates and whom the children currently live with. It is in this section that you can provide the current educational arrangements for the children and what you propose for future arrangements and if there are any maintenance arrangements or orders for maintenance between you and your spouse.

Part 2: Assets and Liabilities: In Part 2 of the Form E, you will need to provide information about your place of residence and specify whether you rent or own the property. You will need to provide information on whether you currently live with others including your new partner and children, whatever is applicable. If you own property in Hong Kong or elsewhere outside of the jurisdiction, you must provide this information including any details about the property such as mortgage/legal charges against the property, your estimate of the current property value and title information. As part of your assets, you will also need to provide bank details in Hong Kong and in any other jurisdiction, investment accounts, shareholding/beneficial interest in companies, directorships or any other businesses and also any insurance policies and pensions/MPF which you may have an interest in. Valuable personal items are also part of your asset pool so you will need to detail these items such as cars, boats, art and jewelry. It is important to note that if you hold cryptocurrency, this is also disclosable and you must provide information/supporting documentation about any and all crypto accounts.  In addition to assets, you will also need to detail liabilities in detail including loans, revolving credit and credit card charges.

Part 3: Income: In Part 3 of the Form E, you will need to provide details of your income including base salary, bonuses, commissions and any allowances provided by your work. If you receive income from any other source, this is where you will need to provide the information and supporting information.

Part 4: Current Monthly Expenses: Part 4 of the Form E is where you will need to provide a complete breakdown of your monthly expenses. In this section, the Form E guides you through each area of expenses and lists out different types of general expenses that you will likely have such as meals at home, transport, insurance premiums and other expenses related to the children such as tuition, holidays and clothing/shoes. In this section, you are also asked to provide a list of anticipated future expenses and this is a good opportunity to list out what changes are in store whether there will be an increase or decrease in expenses.

Part 5: Other Information: In Part 5 of the Form E, you will be given an opportunity to provide details as to whether there has been any significant changes to your assets during the last 36 months and this includes assets both in Hong Kong and elsewhere. This is where you will have an opportunity to explain any major changes that you have experienced with your income or loss of assets through special circumstances. You will also be given an opportunity to explain whether the conduct of either party should be taken into consideration.  It should be noted that this is only taken into consideration in exceptional circumstances however, the court does provide you an opportunity to provide such details in this section.  Additionally, you can also explain the standard of living during the marriage enjoyed by yourself and the children and any other circumstances which could significantly affect the extent of financial provision that should be made by or for you and the children.  In Part 5 of the Form E, this is your opportunity to provide as much narrative detail as possible as to the financial circumstances of your family and what you expect/anticipate is needed in order to maintain the status quo.

Part 6: Orders Sought: In Part 6 of the Form E, you will be able to list out what orders you seek from the court.  If you have hired a solicitor, this is the time to discuss with your solicitor your expectations as to what it is you seek from the divorce.

Part 7: Schedule of Attachments: Finally in Part 7 of the Form E, you will be provided with a checklist of all the supporting documents you must provide with your Form E. It is important you go through each item so that all required supporting documentation are provided as attachments.

Filling out a Form E will be daunting especially if you have representing yourself in a divorce. It is recommended that you seek the assistance of a solicitor to help you fill out this financial disclosure as this will be a key document in your divorce and will be referred to many times throughout the court process. You should be reminded that you will need to sign the Form E under oath.  Thus, the document must be truthful and you must provide full disclosure.  Before you submit a Form E, be sure to speak with a solicitor so you can be sure that all information has been correctly listed and that you are not missing anything of great importance.

Spotlight Profile – Vicky Lau, Mediator

In this spotlight profile, we are speaking to Vicky Lau, Mediator.

Vicky Lau is an experienced social work practitioner in Hong Kong. She is driven to pursue dignity living for low-income groups which stems from her passion for assisting these individuals with their finances and housing related issues. Vicky has been working in the community development field for 13 years and maintains a keen interest in advocating long term policy changes.

Vicky is now responsible for several housing projects planning and co-ordination.

Vicky, thank you for taking the time to speak with us today.

Can you tell us a little bit about your background and training?

My work has centered around social work and family mediation.  I have worked as a social worker for the last 13 years.  One of the key areas which I focus on is community development, namely with housing projects in Hong Kong and the low-income group of individuals living in squatter areas such as subdivided flats, transitional housing and other public housing.

When we work on cases with this group of individuals, we engage with them and help them through any struggles they may have especially related to family issues such as divorce.  It is during these moments that I will use my family mediation experience and skills to help them with conflict management.

Let’s first dive into your work as an accredited family mediator.  What type of family mediation are you typically involved in?

Most of the cases I assist individuals with is divorce.  The major issues they have is that they are not privy to information and/or resources. Individuals, particular in the low-income group do not know where to start and they ask for help on how to engage in the divorce process.  I assist by providing them with resources and helping them apply for legal aid.

Part of the assistance I can also provide is helping these family members engage in mediation and to speak to them about their issues and see if we can do anything to resolve the issues at hand.

What are some of the central themes/issues that you are seeing in couples in Hong Kong?

Most of the clients I deal with argue about finances as they are from the low-income sector.  As living expenses continue to rise and especially individuals with children, their income is not sufficient to cover their daily living costs.  Arguments begin due to the stresses related to finances and maintaining a living.  The low-income group sector generally do not have the funds to hire domestic helpers and in most cases, the mother takes on the primary role of being a full-time housewife while the father is the sole breadwinner. Due to the imbalance of economic positions, these couples will argue over daily chores, finances and with such a small space, they do not have room to take breaks from one another.  The only option for breaks is to go outside or out to the street.  The stress upon these individuals is very high.

What practical exercises/advice do you give to couples going through marriage difficulties?

First off, I will assist these individuals to apply for resources.  For example, there are subsidies available from the government which are difficult to apply for but once approved, the money is good for these families.  I like to help these families apply for such grants because it provides the families with some relief from the financial situation. For those individuals going through a divorce, I can assist them with filing for divorce and providing resources to file for divorce including applying for legal aid.

When I am working with these families, I like to teach them micro-skills to help ease any conflict they may have especially in such small spaces. For example, simple methods of creating space and boundaries are important.  One of the main skills I like to provide advice on is communication skills.  For example, I like to talk to families about how to rephrase their thoughts so that they can get the same point across but with a different tone.

What about children…what practical exercise/advice do you give to children who are going through the same difficulties?

It depends on the age of the children, but I always like to offer my social work and mediation experience to children depending on whether they are willing to accept it.

One of the main issues I see with children is tackling the emotional aspect of divorce.  When parents get divorced in the Chinese traditional culture, the children will know that the parents have a bad relationship but they do not necessarily have any concept of divorce or the process of one parent moving out.  Many times, the traditional Chinese families do not talk about divorce to the children and sometimes will lie about what is actually happening.  I always like to tell parents that it is vitally important that they tell the children about the divorce and remain transparent about it because in reality, children already know that something is wrong. Even if they cannot express in words what they are seeing, they can feel it.  Children also see the conflict happening in the household so it is important for parents to talk about it with the children so they are not left in the dark about what is going to happen.  I always like to remind parents that it is important to speak with the children about the divorce (but not adult-related matters) and relieve what the child is worried about.  Many times, divorce will impact a child’s future long-term romantic relationships and if it is not dealt with properly as a child, they will have trust issues in their adult relationships or create the same relationship pattern as their parents in their adult relationships.  The ideal is for a child to have a future romantic relationship where it is peace and solution-based focused rather than a conflict approach basis.

About Vicky Lau, Mediator 

Vicky LauVicky was educated at the Hong Kong Baptist University with a Bachelor’s in Social Work and a Master’s degree of Arts in Communication (Concentration: Integrated Communication Management). Also, Vicky has been an accredited mediator since 2010 and attained accredited family mediator status in 2018.

Vicky is currently working at a local NGO and received the 2019 Best Practice Award in Social Welfare issued by The Hong Kong Council of Social Service (HKCSS) for a public housing project.

If you would like to get in touch with Vicky, you can contact her at the following email address –
vickylau.mail@gmail.com

 

Hong Kong Divorce x Sassy Mama – International Women’s Day 2023: Spotlight on Women in Business

Hong Kong Divorce was recently featured in Sassy Mama’s International Women’s Day Promotion 2023.  Here’s a look at our Feature Article!

Celebrating these leading Hong Kong ladies by exploring their efforts to #EmbraceEquity.

Women should be celebrated every day! Though International Women’s Day is a great reminder for us to focus on the awesomeness of females around the world and what they have achieved. When it comes to exceptional women, Hong Kong is most definitely no exception. This year, we’re shining a spotlight on women in business who embody this year’s theme: #EmbraceEquity.

Caroline Choi — Founder Of Hong Kong Divorce

Let’s face it, divorce can be a difficult process emotionally and financially for all involved. That’s why Caroline Choi created Hong Kong Divorce, a free educational tool and resource for individuals struggling to navigate the system in Hong Kong. It aims to set out in simple terms what you can expect to encounter in the run-up to a divorce, and during the long and sometimes complicated process that may follow. Its mission is to provide a concise and clear overview of the law, answer common queries and provide general support to those in need. She shares her thoughts on the need to #EmbraceEquity, especially for women going through a separation.

What is your proudest achievement?

I recently got married!  Throughout my career, people always have asked if divorce law has made me skeptical about marriage. Marriage is a beautiful thing and I always tell my clients that even if they get a divorce, it is never too late to try again and find your partner. Divorce is challenging and can feel like a long marathon, but once you cross that finish line, it’s an opportunity for a fresh start.

What changes have you made in your life to #EmbraceEquity?

I created Hong Kong Divorce with equity in mind, which is to provide every individual with free access to information that may be difficult to obtain without hiring costly solicitors and barristers. Whilst it does not provide legal advice, it does provide individuals with basic information on how to navigate divorce in Hong Kong, giving individuals the knowledge and power of how to proceed. There is also helpful information from mental health professionals and resources designed to assist families on an emotional level.

How do you see the position of women and girls in Hong Kong?

In divorce, women may sometimes feel at a disadvantage, especially in Hong Kong where traditional cultural values remain in place. Hong Kong Divorce aims to provide all individuals, regardless of gender with free access to information, with the knowledge that it will often be women feeling those cultural pressures who need better access to these resources. With this knowledge comes the power to make informed decisions for their future and the future of their children.

 

Hong Kong Divorce, www.hongkongdivorce.com, Facebook: Hong Kong Divorce

Read More: Where To Find Counselling, Psychologists And Therapists In Hong Kong

 

Other Women in Business:
Ziggy Makant — Women’s Health & Fitness Advocate
Crisel Consunji — Singer, Actress & Founder of Baumhaus
Betty Richardson — Food Writer & Influencer
Shima Shimizu — Founder of Foodcraft

Read More: Embracing Equity In The Hong Kong Workplace — Is Your Office Up To Scratch?

 

HK Divorce:  Helping Your Loved Ones Through Divorce

At Hong Kong Divorce, we have walked you through the many issues you may face going through a divorce and what that journey entails from a legal perspective.  For many of you, a divorce can catapult you into a difficult grieving process which can take as little or as long as you need and it is with the help and support of your loved ones, that you will be able to pull through and lead you to a new life that can be full of joy. In today’s article, we want to focus on your friends and family who are going through this journey with you and provide some practical and helpful tips your family and friends can do to support you through this difficult time.

Tip #1 – Provide A Listening Ear:  One of the most helpful ways to be there for your loved one is to listen to them when they need your support. Providing an open space for your friend or family member to express their hurts not only helps them process through the grieving process but also allows them to understand that they are loved regardless of the circumstances.  At times, you may become frustrated if you feel that the person is not moving on or repeating the same toxic patterns. However, it is important to remember that when your loved one is processing through his/her grief, a consequence of the grief is that your loved one may repeat toxic patterns as a coping mechanism to get through the pain.  As frustrating as it may be, the last thing you want to do is refuse to listen because if you refuse, you may end up pushing your loved one away.  The best thing you can provide is an open ear and provide that support by listening again and again.

Tip #2 – Do Not Judge and Be Supportive: It is also important that when you are listening to your loved one who is going through the stages of their divorce process, that you provide a listening ear that is free of judgment or scorn.  Your loved one is already in a fragile state of mind during a divorce and he/she is not looking to receive additional judgment or scorn from you.  Divorce can be extremely isolating for some individuals and part of the isolation is the feeling that he/she is being judged by the world.  You must remember that the divorce process is a marathon and it requires a lot of your loved one’s time and emotional energy. You therefore want to be the person who can provide that support in a safe space and you can do that by providing a listening ear and advice (when asked) that is free from judgment.   You want your loved one to be completely honest with you about what he/she is going through so that you can support them in the best way possible.  Your friend/family member cannot be completely honest unless they know you are a safe person to divulge their deepest sorrows during one of their most difficult times. It is during the divorce process that your loved one might also go through certain transitions and he/she may make choices that you might not be in agreement with.  However, rather than judge, allow your friend/family member to explore their new normal and figure out what works for them.  They may start dating or take on a new hobby/activity that you do not agree with. Rather than judge your friend, perhaps try and understand their choices and ask them what you can do to support them during this time.

Tip #3 – Assist In Other Helpful Ways:  A good way to support a loved one going through divorce is to simply ask him/her what he/she needs.  It might be a listening ear. It might mean a meal together or helping them with tasks around the house.  Sometimes, your friend/loved one might need financial assistance as the divorce process is not a cheap process to go through.  Consider your loved one’s needs and consider how you can help.  Even if it means delivering a nice meal to their home or helping take care of their children when they need time to go to Court or meet with their lawyers, this assistance will go a long way.

If you have never gone through a divorce, it may be difficult to empathize with a loved one going through a litigious divorce.  For many individuals, they describe divorce as a death in the family.  The grief associated with divorce can loom large in their lives and it will take time for your loved one to move on.  Be there to support your friend/family member in the best way you can and he/she will surely be appreciative of it in the long run.

Questions to Ask Your Solicitor

Many families are back in Hong Kong after a long, extended summer away and the focus is now on settling back into a routine with your family and children.  For some, now that the chaos and fun of summer is over, it is the opportune time to regroup and sit down with your significant other to talk about the hard topics that may have been swept under the rug for the sake of summer fun.  It is during this new season that many couples have considered speaking with a solicitor to get their queries answered about separation, divorce, custody and all the other important topics related to a split.

Before any major decisions are made about a divorce, it is important that individuals educate themselves about the separation and/or divorce process in Hong Kong and education includes spending a good 30 minutes to an hour with a solicitor specializing in divorce to answer all the questions you may have about what a divorce could mean for you and your family.

In this article, we will list out all the questions you should take with you and ask your solicitor in your initial consultation so you have a handy checklist on what information you need to make an informed decision about your divorce.

  1. List of Questions To Ask Your Divorce Solicitor In The Initial Consultation: Here is a list of questions to ask your divorce solicitor in an initial consultation. Please be minded that you may want to add to this list of questions based on your personal circumstances.
  • What is your experience in family law? Can you tell me a little bit about yourself and your experience handling these types of matters?
  • What is the difference between a separation and a divorce in Hong Kong?
  • Who is likely to obtain custody/care of the children? Do the Courts in Hong Kong give preferential treatment to mothers?
  • If I receive primary care of the children, will my partner still have the ability to make joint decisions on issues like religion, schooling and healthcare?
  • I want to move away from Hong Kong with the children, what process do I need to go through in order to obtain this?
  • How will the Courts in Hong Kong determine the division of assets and debts? Is it 50/50?
  • How will the Courts in Hong Kong determine alimony and child support?
  • Instead of going through the Court process, are there other alternative methods to resolve the outstanding issues with my spouse? For example, is mediation or collaborative divorce an option in Hong Kong?
  • If I go through the divorce, can I speak directly to my spouse and negotiate with my partner on my own?
  • How much will you charge me for a divorce? What about extra fees?
  • What do you anticipate/estimate my fees will be to finalize the divorce?
  • Will you be handling my case or do you have a team/associate assisting as well? How much do you charge per hour?
  • If this becomes a litigated case, do I need to also hire a barrister?
  • Can we ask that my spouse pay for or contribute to my legal fees?
  • Based on the information provided, what would be your suggested strategy for my case?
  • How long do you think it will take to resolve my case on the divorce, children and finances?
  1. List of Questions To Ask Your Divorce Solicitor During The Proceedings:  is important that during the divorce process, that you are fully informed of your case and the progress being made.  Questions that you pose to your divorce solicitor will vary depending on your own unique circumstances.  Here is a list of questions you may want to ask throughout the proceedings so that you are on top of your case and fully informed of its progress.
  • Can we review the progress of my case to date and discuss the strategy going forward?
  • How much longer do you think it will take to conclude my case?
  • How much have I paid in costs thus far? Can you provide an estimate of how much it will cost further, to conclude my case?
  • Is there anything you can do to move this case forward faster?
  • I am not happy with the result/progress of my case, is there anything we can do?
  • Do you think it is time to send out a settlement offer?
  • I have moved on and want to remarry, can I do that even though my divorce is not yet concluded?
  • My financial situation has changed since the commencement of my case. How can alimony be adjusted due to the change in circumstances?
  • Now that my children are older, I want to spend more time with them and they want to spend more time with me. Can I adjust custody/timeshare now that they are older?

You are now armed with important and key questions to assist you in the process of your divorce with your solicitor.  Each case is different so you will have your own specific questions unique to your own circumstances. Your solicitor should always be available and willing to answer any and all questions you may have.  If there is a lack of communication between you and your solicitor, this should be considered a concern as you should always be aware of the progress of your case and the direction it is headed.  If there is a breakdown of communication with your solicitor, it may be time to have a difficult conversation with your solicitor or move on with another solicitor to support you on your journey.