Fl Assets With Social Security Number
Description
How to fill out Florida Organizing Your Personal Assets Package?
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FAQ
The purpose of the financial affidavit is to determine the income, assets, liabilities, and expenses of each party, including any expenses for minor children the parties have in common or minor children from prior relationships.
Even when both parties remain cordial, courts require the financial affidavit in Florida. Without complete financial disclosure, the divorce agreement will not be recognized by the state of Florida. The Family Law Financial Affidavit is required by Florida statute.
Florida Family Law Rule of Procedure 12.105 sets out the special requirements to use this procedure. First, the parties cannot have any minor or dependent children and the wife must not be pregnant. Second, the parties must agree on the division of all of their assets and debts.
The Mandatory Disclosure Rule (Rule 12.285) of the Florida Family Court Rules of Procedure, requires that each party to a family law case provide certain documentation to the other party so that each will be fully informed about the financial circumstances of the other party.
The Mandatory Disclosure Rule (Rule 12.285) of the Florida Family Court Rules of Procedure, requires that each party to a family law case provide certain documentation to the other party so that each will be fully informed about the financial circumstances of the other party.