The Illinois Affidavit of Assets and Liabilities is a document required by the state of Illinois as part of the process for filing for divorce. This document outlines the financial information of the two parties involved in the divorce, including any assets, debts, income, and other financial information. It is used to help the court decide how to divide the marital property and award alimony or child support. The affidavit must be signed and notarized by both parties and then filed with the court. There are two different types of Illinois Affidavit of Assets and Liabilities: one for married couples and one for unmarried couples. The married couple’s affidavit includes all assets and debts acquired during the marriage, except any separate property owned prior to the marriage. The unmarried couple’s affidavit includes all assets and debts acquired since the relationship began. In both cases, the affidavit must include detailed information about any real estate holdings, investments, bank accounts, retirement accounts, and other assets. It must also include any debts, including mortgage payments, credit card balances, student loans, and other liabilities. The affidavit must be filled out accurately and completely, and any inaccuracies or omissions can have consequences.