Advice from Georgia Family Lawyers
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
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.