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Understanding Financial Affidavits

Counsel from a Panama City Divorce Lawyer

During the divorce process, each spouse is usually required to fill out a comprehensive financial document, or a financial affidavit. This document helps to illustrate the financial history and present situation of a family and is used by a judge when making decisions about matters like child support or alimony.

Filling out a financial affidavit can be incredibly overwhelming and confusing, due to the document's thorough and extensive nature. If you need assistance when filling out documentation for your divorce, I am ready to help! As skilled and experienced Panama City divorce attorneys at The Virga Law Firm, P.A., we can help you through every step of dissolving your marriage.

Request a free initial consultation with a Panama City family lawyer today!

How Financial Affidavits Affect Your Divorce

Financial affidavits can be time consuming and tedious to fill out, especially sections such as monthly expenses. We can provide assistance when completing sections that require calculating total expenses, asset lists, and sources of income.

Financial affidavits can be used to determine the following matters:

  • The amount of alimony that will be paid
  • The amount of child support that will be paid
  • What assets will be divided during the divorce
  • Which spouse will be responsible for what debts following the divorce

It is extremely important to be completely truthful when completing your financial affidavit. Most of the time, these documents are considered sworn testimony and are required to be signed under oath. If you are caught lying on a financial affidavit, you could be charged with perjury and could face major penalties. We can work with you to fill out your financial affidavit completely and accurately before being seen by a judge.

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Each attorney at our firm has the skill and dedication to provide the level of quality and service that you need for your divorce. The National Trial Lawyers has named our founder, Attorney Gerard Virga, as a Top 100 Trial Lawyer. This means that the litigation provided has been proven to drive results. We care about our clients and deliver customized strategies for their cases. Contact our firm today to begin the next chapter of your life on the right foot.

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