To properly fill out your financial affidavit or statement, include the following;

1. Docket number and name of the case, including names of both parties.
2. Your income from all sources, including overtime, bonuses, social security, tips, interest, other spousal support, and commissions.

How do you fill out financial statements for divorce?

5 Tips for an Accurate Financial Statement in a Divorce

1. Do not estimate your monthly expenses.
2. Make sure you account for all income.
3. Report assets at their proper fair market value.
4. Make sure all the assets and liabilities are accounted for.
5. Update your financial statement.

What is the purpose of a financial affidavit?

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.

What happens if you lie on a financial affidavit?

Intentionally lying on the affidavit is considered perjury, a felony under California law and punishable by up to four years in prison and/or a fine of up to $10,000. If you submit a financial affidavit and later discover that you made an honest mistake, it’s in your best interest to come clean as soon as possible.

How accurate does a financial affidavit have to be?

The Courts will use your Financial Affidavit when deciding alimony, child support (including temporary alimony and support) and the division of property, so it’s critical that the numbers included are completely accurate.

What are financials in a divorce?

Often times, the court will require each spouse to file a financial statement — a formal document detailing common financial factors included in a marriage: income, expenses, assets, and debts and liabilities, etc.

What is a financial statement affidavit?

What is a Financial Affidavit? As the name implies, a Financial Affidavit is a sworn statement about your finances (for example, your income, expenses, debts, and assets). A Financial Affidavit is often required in divorce cases to determine how much child and spousal support will be granted.

How can I prove my ex is hiding income?

How can you get evidence of unreported income? 1. Forensic accounting can often uncover hidden income. Your attorney may be able to subpoena your ex-spouse’s tax returns, credit card records, bank statements and other financial records to prove that his or her expenses exceed the amount of income he or she is claiming.

How to prepare a financial affidavit for divorce?

Preparing for divorce requires you to gather, organize and prepare a lot of financial information. Your attorney, spouse, spouse’s attorney, and judge are all going to want to know what your lifestyle was like during your marriage. One of the first documents you will complete as part of the divorce process is a financial affidavit.

How long does it take to complete a financial affidavit?

Some states even have “short form” and “long form” versions of the financial affidavit, depending on the complexity of your situation. The financial affidavit is one of the most important financial documents you must complete during divorce. Filling it out properly is complex and confusing, and it takes many, many hours.

What happens if I am wrong on my financial affidavit?

If your ex-spouse, attorney, or judge questions an item on your financial affidavit, you must provide proof that it is correct. So if any detail is inaccurate or missing, it can hurt your divorce case. The stakes are high for the financial affidavit.

Can a judge force a spouse to provide financial information?

Judges who preside over divorce cases know that spouses can’t reach fair and informed divorce settlement agreements unless they have all the facts about their marital estates. Family law courts have multiple tools they can use to force spouses to turn over financial information.