This is a financial statement that may be needed in a variety of litigation matters. This form may vary based on County. You should consult the clerk about whether this form will be required in your case and obtain the County specific form if required. USLF amends and updates forms as is required by Arkansas statutes and law.
Affidavit Of Financial Means Arkansas Fort Smith
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How to fill out Arkansas NEW Affidavit Of Financial Means (effective October 10, 2016)?
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FAQ
Arkansas calculates basic support as a percentage of a noncustodial parent's net income. You can use Arkansas's Child Support Estimator to enter in information about your financial situation and get an estimate of how much child support you might be entitled to (or have to pay).
Out with the Old and In with the New. The new order shifts away from basing all child support obligations solely on the non-custodial parent's income and instead is based on an ?income-sharing? model. In this model, the income from both parents of the child or children are taken into account.
In Arkansas, child support is calculated using a statewide formula that takes into account each parent's income and the amount of time each parent spends with the child (known as the ?parenting time percentage?). The formula also takes into account any special needs or expenses the child may have.
Affidavit of Income and Expenses - YouTube YouTube Start of suggested clip End of suggested clip It is okay to leave these lines blank. Write your name next to affidavit. Of next write your date ofMoreIt is okay to leave these lines blank. Write your name next to affidavit. Of next write your date of marriage.
Calculating Child Support In Arkansas The parents' gross monthly income is added together to determine their basic support obligation. Dad's child support amount is then calculated based on his pro rata obligation.