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Financial disclosure reports are used to identify potential or actual conflicts of interest. If the person charged with reviewing an employee's report finds a conflict, he should impose a remedy immediately. The employee's supervisor, with his ethics official, should decide on the remedy.
Be sure that your financial affidavit is notarized before filing it with the Court, as the statute requires the document be sworn.
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.
The state of Florida requires full financial disclosure to proceed with a settlement agreement. Nearly all divorce cases require both parties submit a Family Law Financial Affidavit. This affidavit is essential to ensure equitable asset distribution under Florida statute.
This is mandatory and cannot be waived, even if you have no property, no debts, no income or anything to divide. There are two affidavits: < $50,000 gross income (LESS THAN $50,000) and > $50,000 gross income (MORE THAN $50,000.00).
You must file your financial affidavit for divorce in Florida with the court and serve it on your spouse within 45 days of being served with the divorce petition.
In a regular dissolution of marriage, uncontested divorces can also include a financial affidavit, which must be filled out within 45 days of the divorce paperwork being served. If a spouse hides any information, then the other spouse may want to consider a deposition.