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Illinois financial affidavit 2025

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The document is a Financial Affidavit used in the context of a marriage dissolution case in Lake County, Illinois. It requires both the petitioner and respondent to provide detailed information about their financial status, including income, expenses, assets, liabilities, and health insurance coverage. The affidavit aims to ensure transparency regarding financial matters during divorce proceedings.

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Click ‘Get Form’ to open the Illinois Financial Affidavit in our editor.
Begin by entering your personal information, including your name, telephone number, and address. Ensure that you accurately fill in the date of birth for both the petitioner and respondent.
In the 'Statement of Income' section, list all sources of income. Be thorough; include salary, bonuses, and any additional cash flow such as spousal support or child support received.
Next, move to the 'Statement of Monthly Living Expenses.' Here, categorize your expenses into household, transportation, personal, and miscellaneous. Fill in each field with accurate monthly amounts.
Complete the 'Statement of Liabilities' by listing all creditors and their respective balances due. This will help provide a clear picture of your financial obligations.
Finally, review all sections for accuracy before signing. Use our platform’s features to save or share your completed affidavit securely.

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What is the purpose of a financial affidavit in a divorce?

Both the party moving for the uncontested divorce and that partys corroborating witness have to sign notarized affidavits under oath. These are included with the final divorce packet, and make up the ``testimony that the judge needs to hear to grant the divorce.

What are the requirements for an uncontested divorce in Illinois?

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.

What is a financial affidavit in Illinois?

This Easy Form helps you provide financial information and documents to the other party and the court. It makes the statewide Financial Affidavit. This form is used in family and divorce cases where someone is requesting child support, temporary maintenance, or attorneys fees.

Is a financial affidavit required for uncontested divorce in Illinois?

In many jurisdictions, including Illinois, even in cases of uncontested divorce where both spouses agree on the terms of the divorce, financial affidavits or financial disclosure forms are often required.

What are the rules for affidavits in Illinois?

There are a few general rules for filling out an affidavit form, regardless of the state in which you reside: Avoid wordiness. Write only about things that are within your personal knowledge. Be truthful. Use I statements. Number the paragraphs.

illinois financial affidavit form

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How much does a financial affidavit cost?

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.