Illinois Income-Expense affidavit

State:
Illinois
Control #:
IL-8A
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PDF
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Description

Income-Expense affidavit

The Illinois Income-Expense affidavit is a legal document used to record the income and expenses of either a party or both parties in a divorce case. This affidavit is used to determine the amount of spousal maintenance or child support that is due. There are two different types of Illinois Income-Expense Affidavits: (1) Short Form Income-Expense Affidavit for Use in Dissolution of Marriage Cases, and (2) Long Form Income-Expense Affidavit for Use in Dissolution of Marriage Cases. The short form affidavit is used for individuals with straightforward income and expenses and requires the party to provide information on their gross income, net income, total expenses, and whether they have verified their income and expenses. The long form affidavit is used for individuals with more complex financial situations and requires them to provide a more detailed breakdown of their income and expenses. Both forms require the party to provide information on their assets, liabilities, and other financial information. The information provided in the affidavit is used to calculate the amount of spousal maintenance or child support owed by the party.

How to fill out Illinois Income-Expense Affidavit?

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FAQ

When you are getting a divorce in Illinois, the courts require that each spouse submit a full financial disclosure in order to ensure the final divorce settlement is fair for both sides. One of the most critical documents that both parties must submit is a financial affidavit.

For example, in Illinois, the rules generally require an ?affidavit? be notarized, though there are specific types of affidavits to which the requirement does not apply, such as affidavits being filed in support of a motion for summary judgment or a motion for involuntary dismissal.

It is a document used by the judge to assess your income, expenses, assets, and debts. The information you provide in the affidavit must be true.

All documents filed or served in any cause by an attorney upon another party shall bear the attorney's name, business address, e-mail address, and telephone number. The attorney must designate a primary e-mail address and may designate no more than two secondary e-mail addresses. (2)Self-Represented Litigants.

Where a party has not yet filed a federal or state income tax return for the prior calendar year, the last filed year's return shall be served upon the opposing parties as well as all W-2's, 1099's and K-1's received necessary for preparation of the prior year's return.

Rule 133 - Pleading Breach of Statutory Duty; Judgment or Order; Breach of Condition Precedent (a)Statutory Duty. If a breach of statutory duty is alleged, the statute shall be cited in connection with the allegation.

How to Fill Out an Illinois Affidavit of Service of Notice or Demand YouTube Start of suggested clip End of suggested clip As always this video is not legal advice. And is for educational purposes. Only you will only needMoreAs always this video is not legal advice. And is for educational purposes. Only you will only need to fill out one of these forms. Even if you have more than one tenant or unknown occupant to serve.

13.3. 1 Mandatory Disclosure. When further relief is sought from the court and a material change of circumstances has occurred, an updated completed ?Financial Affidavit? must be served on the other party no less than seven (7) days prior to any hearing.

More info

Financial Affidavit forms are a way to show how one party's income does not meet their monthly expenses. Monthly rental income (gross receipts minus ordinary and necessary expenses required to produce income) (Attach sheet itemizing such income and expense items.).This affidavit is used to make complete disclosure of income, expenses and money owed. It is used to determine child and spousal support amounts. A financial affidavit, which has different names in each state, is a statement showing your income, expenses, debts, and assets. The Financial Affidavit is based on your gross weekly income (your income before taxes) and expenses. Or operating expense). Adjusted gross income is your gross income minus some special expenses, like previous child support orders. SSN (Last Four Digits):. The affidavit must be completed using monthly income and expense amounts.

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Illinois Income-Expense affidavit