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A financial affidavit, also called a financial statement or net worth statement in certain states, is a sworn statement detailing your income, expenses, assets, and debts. This document is often used in family law cases related to divorce, alimony, and child support.
Your Net Worth Statement should include assets or debts that are yours alone (I-Individual), assets or debts that are jointly (J-Joint) held by you and a spouse or significant other, assets or debts that are held by a spouse or significant other (S-Spouse or Significant Other) that you enjoy the benefits of or make
The primary purpose of the Affidavit of Direct Payments is to provide a legal means for non-custodial parents to document their child, medical, and dental support payments made directly to the custodial parent.
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.
What Information Is Included in a Financial Affidavit? Income: This includes your annual income, sources of income, and interest from investments. Expenses: This includes monthly expenses like rent or mortgage, car payments, utility bills, other alimony payments, groceries, entertainment, and student loan payments.
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