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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.
This statement is called a Sworn Financial Statement. On it, you will need to list all of your monthly expenses, assets, and debts for yourself and your children. The Sworn Financial Statement is one of the most important documents that you will need to present to the Court in your case.
Simply put, an affidavit is a sworn statement of fact that can be used in a variety of legal proceedings, from bankruptcy cases to family and civil litigation matters such as divorce proceedings.
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.
Financial Affidavit A financial affidavit is a form all parties are required to serve and file with their pleadings or motion documents in any action for child support. The affidavit must disclose all sources of the partys monthly gross income in order to calculate child support.
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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 Sworn Financial Statement is an important way to show the court your financial status as well as it being a way to convey your credibility. Courts look at the expenses of the parties as listed on this statement and make judgments about whether the debts listed are realistic or inflated.

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