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Click ‘Get Form’ to open the financial affidavit in the editor.
Begin by filling out your personal information in the designated fields, including your name and contact details. Ensure accuracy as this information is crucial for legal purposes.
In ITEM 1, provide details about your employment and income. Fill in your occupation, employer's name, address, and social security number. List all sources of income, including bonuses and business income, ensuring you calculate your total monthly income accurately.
Next, move to the deductions section under ITEM 1. Enter all applicable deductions such as taxes and health insurance payments to determine your net income.
Proceed to ITEM 2 where you will outline your average monthly expenses. Categorize expenses into household, automobile, children's expenses, and other miscellaneous costs. Be thorough to reflect an accurate financial picture.
In ITEM 3, list your assets along with their values. Clearly indicate ownership between spouses if applicable.
Finally, complete ITEM 4 by detailing any liabilities you have. This includes creditors and outstanding balances.
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To properly fill out your financial affidavit or statement, include the following; Docket number and name of the case, including names of both parties. Your income from all sources, including overtime, bonuses, social security, tips, interest, other spousal support, and commissions.
How much does it cost to file a financial affidavit?
How much would it normally cost me to make a Financial Affidavit? 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.
Do I need a lawyer to get an affidavit?
Although affidavits are considered legal documents, anyone can draft one. As long as it is signed, witnessed, and docHubd correctly, the affidavit will be valid. This means that you do not need to ask a lawyer to create an affidavit.
What does financial affidavit mean?
What is a Financial Affidavit? A financial affidavit is a sworn statement detailing every aspect of your financial situation. These documents summarize your income, monthly expenses, annual expenses, assets, debts, and more.
What is a financial affidavit for?
It is used to provide a comprehensive overview of the individuals financial situation and is often required by the court to determine matters such as property division, maintenance, and child support.
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What Happens After Filing a Financial Affidavit? Once you file your financial affidavit, the other party will review it with their attorney. You will have an opportunity to review their financial disclosure with your attorney. The court will also review the financial affidavits.
What does filing an affidavit mean?
An affidavit is a sworn statement put in writing. When you use an affidavit, youre claiming that the information within the document is true and correct to the best of your knowledge. Like taking an oath in court, an affidavit is only valid when you make it voluntarily and without any coercion.
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FINANCIAL AFFIDAVIT (LESS THAN $75,000)
Important: If you have other financial information that has not yet been disclosed, you have an affirmative duty to disclose that information. List additional
(a) A current financial affidavit in the format required by family division rule. 2.16, including the monthly expense form. (b) The past three (3) years
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