Texas Financial Affidavit

State:
Texas
Control #:
TX-CJA-23
Format:
PDF
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Description

Financial Affidavit

The Texas Financial Affidavit is a document used in family law proceedings in Texas. It is a sworn statement of a person’s financial status, usually used to determine child support, spousal support, and other matters. The affidavit includes details about income, expenses, assets, and liabilities. It must be completed and submitted to the court before a final order can be made. There are two types of Texas Financial Affidavits: Form 12.901 for married individuals and Form 12.902 for unmarried individuals. Both forms require detailed information on income, expenses, assets, and liabilities. The affidavit must be signed under oath and notarized to be considered valid.

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FAQ

Be sure that your financial affidavit is notarized before filing it with the Court, as the statute requires the document be sworn.

This is mandatory and cannot be waived, even if you have no property, no debts, no income or anything to divide. There are two affidavits: < $50,000 gross income (LESS THAN $50,000) and > $50,000 gross income (MORE THAN $50,000.00).

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.

Be sure that your financial affidavit is notarized before filing it with the Court, as the statute requires the document be sworn.

You must file your financial affidavit for divorce in Florida with the court and serve it on your spouse within 45 days of being served with the divorce petition.

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.

The purpose of the financial affidavit is to determine the income, assets, liabilities, and expenses of each party, including any expenses for minor children the parties have in common or minor children from prior relationships.

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Texas Financial Affidavit