Financial Affidavits

Advice from Georgia Family Lawyers

In divorce proceedings, each spouse is expected to provide full financial disclosure of his or her assets. This is called a financial affidavit. This form provides a comprehensive history of the spouse’s finances and current family situation, allowing the judge to make a thorough assessment for matters such as spousal support or child support.

Because this legal process can be rather confusing, it is advised that you seek assistance from knowledgeable Marietta family law attorneys. The Manely Firm, P.C. creates practical and effective legal solutions designed in the best interests of you and your family.

How Financial Affidavits Impact a Divorce

The process of filling out a financial affidavit is long, and the inquiries can be rather exhaustive. Some of the sections will require very exact information and calculation of your expenses, assets, and an account of every source of your income. However, this procedure is useful in determining important family law matters.

These may include:

  • The amount of child support that should be due
  • The amount of spousal support that should be due
  • How best to divide assets and properties
  • Whose debts belong to whom once the divorce has been finalized

The law requires each spouse to be completely honest about their finances when filling out the affidavits. This information is all the courts have to calculate the payment amounts. Keep in mind, you will also be required to provide testimony and be sworn under oath. If the courts discover that you have laid on your affidavit, they have the right to sanction you and even charge you with lying under oath, or perjury. You can avoid any mishaps with your affidavit by consulting first with an Atlanta family lawyer.

Smart & Reliable Legal Representation

At The Manely Law Firm, P.C., our Georgia family law lawyers in Atlanta and Marietta are known for providing only the sharpest and insightful legal counsel. This is important so that you stay one step ahead and avoid any critical mistakes that can hinder your case. We put your needs first and foremost because there are actual people in need, not just another case file.

Our clients come first. To begin, schedule your free initial appointment today.

Contact The Manely Firm, P.C. Today

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