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For example, you may use an affidavit to notify a spouse about a change in financial circumstances after dissolution proceedings. Or, you may use one to verify residency, claim assets or property, or replace your original marriage certificate if youve lost it.
A financial affidavit, which has different names in each state, is a statement showing your income, expenses, debts, and assets. It allows a court to figure out how much spousal support and child support it should award.
The fees associated with finding and working with a law firm to draft a Financial Affidavit can total anywhere from two hundred to one thousand dollars, depending on where you are and how complex the issue is.
An affidavit is a written statement in which the signer or affiant verifies that the document is true. They differ from sworn oaths only in that the relevant parties must sign them instead of swearing them out loud. The person swearing to this written statement is called the affiant.
Definition of Financial Affidavit A financial affidavit is a sworn statement that outlines an individuals financial situation. It includes detailed information about income sources, monthly expenses, assets owned, and outstanding liabilities.
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