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Income Affidavit or Affidavit of Income from Employer of Spouse Responsible for Child Support - Assets and Liabilities

State:
Multi-State
Control #:
US-02075BG
Format:
Word; 
Rich Text
Instant download

Description

This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

How to fill out Income Affidavit Or Affidavit Of Income From Employer Of Spouse Responsible For Child Support - Assets And Liabilities?

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FAQ

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.

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.

A financial affidavit is a statement of a party's income, expenses, assets, and liabilities.

In its simplest sense, fair market value (FMV) is the price that an asset would sell for on the open market.

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.

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.

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.

In concept, a financial affidavit is a simple document. It is a sworn statement of your income, expenses, assets, and liabilities. The form for the affidavit is prescribed by the Florida Supreme Court. Both parties must file and serve a financial affidavit in a divorce case.

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Income Affidavit or Affidavit of Income from Employer of Spouse Responsible for Child Support - Assets and Liabilities