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Give your financial information to the court and to your spouse or domestic partner. The court uses the information to make orders for support, attorneys fees, and other costs.
Give your financial information to the court and to your spouse or domestic partner. This also explains when to use either this form or form FL-150. The court considers the information before making child support orders.
Tips to Help Ensure your Financial Statement is Accurate & Complete Do not estimate your monthly expenses. ... Make sure you account for all income. ... Report assets at their proper fair market value. ... Make sure all the assets and liabilities are accounted for. ... Update your financial statement.
Financial discovery in divorce is one of the most important steps in the divorce process, and it can lay the groundwork for further negotiations. During a period of time called the discovery phase, both parties are permitted to request financial information from each other that may be relevant to their case.
California requires honest and complete financial disclosures in dissolution and legal separation cases. This includes the disclosure of your income, expenses, assets and debts, as well as your tax returns for the prior two years.