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Nikita Ali, a divorce and family law attorney, discusses three common mistakes on a domestic relations financial affidavit (DERFA) in this video. DERFA is a financial statement made under oath, providing a snapshot of monthly income, expenses, assets, and liabilities. The first mistake is failing to complete the DERFA, which is required for most family law cases. The second mistake is incorrectly calculating monthly income, such as multiplying weekly pay by 52. Watch the full video for more tips on avoiding errors on the DERFA.
