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Making a Financial Affidavit
As the name implies, a Financial Affidavit is a sworn statement about your finances. A Financial Affidavit is often required in divorce cases to determine how much child and spousal support will be granted. When you submit a Financial Affidavit, you are making a sworn statement as to the truthfulness of the financial information that you've provided in the document, so there's little room for exaggeration or modesty. A Financial Affidavit contains information about your gross monthly income, present deductions, monthly expenses, debts/loan payments, and any assets that you own, so, to the degree that you can, gather all of your financial records before getting started.
It is very simple to get what you need with a free Financial Affidavit template from Rocket Lawyer:
Each Financial Affidavit Form from Rocket Lawyer can be customized for your specific scenario. When you're ready to begin, tap or click "Make document" above. Your Affidavit will be constructed step by step as you enter more information throughout the process.
Writing a Financial Affidavit is generally simple; however, you may still need advice. Finding an attorney to review your Financial Affidavit can be costly. An easier way to double-check your document would be through attorney services at Rocket Lawyer. As a Premium member, you can get your documents reviewed or ask specific questions. You can rest assured that Rocket Lawyer is here to help.
The fees associated with finding and working with a law firm to draft a Financial Affidavit can total anywhere from two hundred to one thousand dollars, depending on where you are and how complex the issue is. Rocket Lawyer isn't your average Affidavit template provider. With us, anyone under a Rocket Lawyer membership can take advantage of up to a 40% discount when hiring an attorney from our network.
Once you have made this Affidavit, you will be able to view it on any device, anytime. With a Premium membership, you may make edits, save it as a Word document or PDF file, and/or sign it. Your Financial Affidavit Form also comes with its own set of directions that you'll need to finalize your document.
Yes, a Financial Affidavit Form needs to be notarized. Witnesses are not legally required.
You may need to submit a Financial Affidavit if you are going through a contested divorce or child support case. Some uncontested divorce cases may also require a Financial Affidavit. Financial Affidavits are sometimes required for certain business situations, as well.
Most divorce cases will require a Financial Affidavit because a significant part of going through a divorce is dividing up the shared property, assets, and money, and determining spousal and child support based on each person's income and financial means. A Financial Affidavit makes it possible to determine each person's financial situation, and because it is a sworn statement, the information that is provided should be truthful and accurate.