Identification
Full legal name and role of the third party, taxpayer identification number, and contact details for verification and follow-up.
A properly completed statement reduces underwriting risk, clarifies liability exposure, and speeds approvals by giving recipients verifiable financial context. When paired with reliable supporting documents and appropriate signer authentication, it strengthens enforceability under U.S. e-signature law (ESIGN, 15 U.S.C. §7001) and most state UETA statutes.
The audience and required substantiation level vary by industry and by the recipient's risk tolerance; always confirm the specific documentation required before submission.
Full legal name and role of the third party, taxpayer identification number, and contact details for verification and follow-up.
Itemized current assets including cash, securities, real property, investment accounts, and controllable business interests with valuations and supporting documents.
Itemized current and long-term liabilities such as mortgages, loans, liens, and contingent obligations showing balances and creditor names.
Recent income sources, typical monthly cash flow, and supporting pay stubs, 1099s, or business financial statements where applicable.
A declarative statement under penalty of perjury affirming accuracy, including signature, printed name, title, and date.
Attachments such as bank statements, brokerage statements, tax returns, or audited financials to substantiate the disclosed figures.
| Field | Configuration | Required | Mark identity, asset, and liability fields as required to prevent incomplete submissions |
|---|---|
| Conditional Sections | Configuration | Enable | Reveal contingent obligation fields only if applicable |
| Attachment Rules | Configuration | Require | Enforce upload of bank statements or tax return PDFs |
| Authentication Level | Configuration | Select | Email+SMS or knowledge-based auth for high-value transactions |
| Audit Trail | Configuration | Enable | Capture IP, timestamp, and signer events for compliance |
Match the distribution method to the sensitivity of the data and the recipient's ability to verify authenticity and retain records.
Provide within 3–7 business days for routine underwriting
Allow 10–15 business days if auditors or counsel review supporting documents
Complete notarization prior to submission when required
Follow the recipient’s regulatory filing deadlines as applicable
Expect 3–5 business days for revised statements to be accepted
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day trial | Varies | Varies | Varies | Varies |
| Bulk Send | Yes | Yes | Yes | Yes | Yes |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |