Michigan Financial Affidavit

State:
Michigan
Control #:
MI-DC-009-W
Format:
PDF
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Description

Financial Affidavit
The Michigan Financial Affidavit is a legal document used in divorce and family law proceedings in the state of Michigan. It is used to provide the court with a detailed accounting of the parties' financial situation, including assets, liabilities, income, and expenses. The Michigan Financial Affidavit is typically used to facilitate the division of marital assets and debts, as well as to determine child support and spousal support payments. There are two types of Michigan Financial Affidavit: the Short Form Financial Affidavit and the Long Form Financial Affidavit. The Short Form Financial Affidavit is used for cases where the parties have few assets and liabilities, and the Long Form Financial Affidavit is used for cases where the parties have a more complex financial situation.

The Michigan Financial Affidavit is a legal document used in divorce and family law proceedings in the state of Michigan. It is used to provide the court with a detailed accounting of the parties' financial situation, including assets, liabilities, income, and expenses. The Michigan Financial Affidavit is typically used to facilitate the division of marital assets and debts, as well as to determine child support and spousal support payments. There are two types of Michigan Financial Affidavit: the Short Form Financial Affidavit and the Long Form Financial Affidavit. The Short Form Financial Affidavit is used for cases where the parties have few assets and liabilities, and the Long Form Financial Affidavit is used for cases where the parties have a more complex financial situation.

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FAQ

A ?proof of service? shows the court that a document was served as required by law. WHO TO SERVE - Michigan Court Rule (MCR) 5.125 identifies Interested Persons ? those required to be served ? for many different types of probate proceedings, including guardianships, conservatorships, estates and trusts.

What is a financial affidavit? 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 certified financial statement has been audited for accuracy by an independent accountant. A compiled statement may provide investors with useful information but it has not been audited. The quarterly and annual reports issued by public companies are certified financial statements.

$6,500 Maximum The Small Claims Court can't award more than $6,500. If you have a case you think is worth more than $6,500, you can still file it in Small Claims Court. But if you do, you lose the right to any amount over $6,500.

A financial affidavit is a written statement that shows your income, expenses, assets, and liabilities. A financial affidavit is a complete picture of your financial situation at the time that you (the affiant), signs the document. Financial affidavits are presented to courts under oath.

A ?proof of service? shows the court that a document was served as required by law. WHO TO SERVE - Michigan Court Rule (MCR) 5.125 identifies Interested Persons ? those required to be served ? for many different types of probate proceedings, including guardianships, conservatorships, estates and trusts.

More info

Fill it out before you come in on the next court date. Financial Affidavit.Download Form (pdf, 486. You will need to fill out a Financial Affidavit form. You can get the form from the court clerk or from the State of Connecticut Judicial Branch website. The financial affidavit requires you to get your tax returns, checkbooks, bank statements, pay stubs, and bills so you can accurately list them on the form. A financial affidavit is a complete picture of your financial situation at the time that you (the affiant), signs the document. A financial affidavit is a statement of a party's income, expenses, assets, and liabilities. When is a financial affidavit required? Both parties need to complete a separate Financial Affidavit Form and submit the same to the Court.

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Michigan Financial Affidavit