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The purpose of the financial affidavit is to determine the income, assets, liabilities, and expenses of each party, including any expenses for minor children the parties have in common or minor children from prior relationships.
You must file your financial affidavit for divorce in Florida with the court and serve it on your spouse within 45 days of being served with the divorce petition. If you are the one filing for divorce, you can file and serve the financial affidavit along with your divorce papers.
In Florida, detailed personal financial information about parties to most family law cases is freely available to anyone who requests it from the clerk of court because Florida Family Law Rule of Procedure 12.285(a)(1) requires that parties to these cases file and serve on each other a detailed financial affidavit.
Both parties to a divorce have a court-imposed duty of financial disclosure toward the other spouse regarding financial matters, such as real property, personal property, retirement accounts, household furnishings, bank accounts, antiques, collectibles, business interests, and other forms of property and income.
A financial affidavit, which has different names in each state, is a statement showing your income, expenses, debts, and assets.

People also ask

An AM affidavit is an affidavit (or sworn statement) that sets out information on a partys assets, means (income), expenses, and liabilities.
Even when both parties remain cordial, courts require the financial affidavit in Florida. Without complete financial disclosure, the divorce agreement will not be recognized by the state of Florida.
Instead, Connecticut is an equitable distribution state and considers all property owned by the spouses as property to be divided fairly. Our divorce lawyers will explain how Connecticut property laws will affect your divorce.
Meaning of financial affidavit in English a legal document used to prove how much money someone has by listing all of their income, debts, taxes, and other financial responsibilities: Affidavits are also used in financial matters within the court, such as bankruptcy financial affidavit.
Even when both parties remain cordial, courts require the financial affidavit in Florida. Without complete financial disclosure, the divorce agreement will not be recognized by the state of Florida. The Family Law Financial Affidavit is required by Florida statute.

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