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In this video tutorial, Nikita Ali, a divorce and family law attorney at the Terry Herron Law Firm in Georgia, discusses three common mistakes people make on a Domestic Relations Financial Affidavit (DERFA). A DERFA is a sworn financial statement crucial for family law and divorce cases, providing a snapshot of monthly income, expenses, and assets/liabilities. The first mistake is failing to complete the DERFA, which is essential for almost all cases. The second mistake involves incorrectly calculating monthly income; for example, if paid weekly, one should multiply their weekly pay by 52 to determine annual income accurately. Nikita emphasizes the importance of accuracy in these documents to avoid complications in legal proceedings.