Why is a Financial Affidavit Necessary? | |
1. Asset and Debt Division: Florida operates on an 'equitable distribution' principle, which means marital assets and debts are divided fairly, though not necessarily equally. The affidavit provides a clear picture of assets and liabilities, helping to ensure a just distribution. 2. Alimony and Child Support: Decisions regarding spousal and child support modification Orlando are influenced by each party’s financial health. Without a comprehensive view of income, expenses, assets, and debts, determining appropriate support levels would be challenging. 3. Accuracy and Honesty: The financial affidavit, being a sworn document, requires the declarant to be both accurate and truthful. Any deliberate misinformation can lead to severe legal consequences, including contempt of court. Address: Jacobs law Firm 2435 Lee Road, Winter Park, FL 32789 United States (US) Website: https://jjlawfl.com/ Phone: 407-335-8113 Email: Admin@jjlawfl.com | |
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| Target State: Florida Target City : Miami Last Update : Sep 25, 2023 1:28 AM Number of Views: 38 | Item Owner : Addams Contact Email: Contact Phone: 407-335-8113 |
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