One of most complicated aspects of any legal matter from https://dallimarino.com/, regardless of the divorcing couple’s level of wealth, is the financial affidavit. This is a divorce document that is completed by the husband and wife which lists all the details about their individual and joint finances, including income, expenses, assets, debts and spending habits.
The financial affidavit is used by the family court judge to determine essentially every part of a divorce that deals with money. This means that the information on the affidavit will be used to dictate not only the division of property, but also alimony and even child support. As such, it is essential that the document is filled out with as much detail and accuracy as possible.
Certainly, this can be an incredibly daunting task, especially if you are not too familiar with the household finances. However, because the financial affidavit will dictate your money matters for several years to come, failing to take the time to find accurate information can end up causing you serious harm.
If you are worried about your ability to accurately fill out a financial affidavit, it may be worth the time and money to enlist the help of a divorce financial planner or someone with a similar level of expertise. Although family law attorneys will provide the proper forms and some high-level guidance, they probably will not have the time or knowledge to ensure that the document is filled out properly and accurately.
In addition, it is important to update your financial affidavit if your financial situation changes at all in the duration of your divorce case.