An Affidavit of Financial Status form is used when a party wishes to notify the Court of his/her financial status with regards to their assets and debts. This information is needed in order to equitably distribute all marital property.
Iowa Affidavit of Financial Status
State:
Iowa
Control #:
IA-508D
Format:
PDF
Instant download
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Description Financial Statement Affidavit
How to fill out Iowa Affidavit Of Financial Status?
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FAQ
In your Affidavit of Financial Support, you'll want to cover information like: the name of the affiant (that is, the person making the affidavit); the name of the affiant's employer, if he or she is employed, what efforts the affiant has made to find employment; a list of all sources of income; the monthly deductions
If you lie on this document, you are lying to the court.Depending on how serious your untruth, lying on a financial affidavit could mean that your spouse is awarded a larger portion of the marital assets, something that could negatively impact your financial situation for many years to come.
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.
A financial affidavit is a statement of a party's income, expenses, assets, and liabilities.
Form I-864, Affidavit of Support under Section 213A of the INA, is a contract an individual signs agreeing to use their financial resources to support the intending immigrant named on the affidavit.The sponsor is usually the petitioner who filed an immigrant petition on behalf of the intending immigrant.
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.
In its simplest sense, fair market value (FMV) is the price that an asset would sell for on the open market.
The main purpose of a financial affidavit is to provide the court with an explanation of a party's financial circumstances. Without this information, the court would be unable to make financial orders or orders concerning property distribution.