Maryland Financial Affidavit

State:
Maryland
Control #:
MD-SKU-0537
Format:
PDF
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Description

Financial Affidavit

The Maryland Financial Affidavit is a legal document used in Maryland courts for family law proceedings. It is used to provide the court with a detailed financial snapshot of the parties involved in the case. The affidavit is used to provide a complete overview of the parties’ income, assets, liabilities, and expenses. There are three types of Maryland Financial Affidavit: a short form, a long form, and a domestic violence form. The short form is used for uncontested child support cases and requires only basic financial information. The long form is used in contested child support cases and requires more detailed financial information. The domestic violence form is used in cases involving domestic violence and requires detailed information about the victim’s financial situation and the perpetrator’s financial resources. All forms must be completed and filed with the court in order for the court to make an informed decision.

How to fill out Maryland Financial Affidavit?

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FAQ

In Maryland, you can create a financial power of attorney by drafting a document that outlines your wishes regarding financial decisions. This document must comply with Maryland laws, so consult templates or legal guidance if necessary. Additionally, including a Maryland Financial Affidavit can further clarify the scope of financial responsibilities to be delegated.

Maryland Electronic Courts (MDEC) is a single Judiciary-wide integrated case management system that will be used by all courts in the state court system.

A personal financial statement is a form or spreadsheet detailing a person's financial state at a certain point in time.It details income; the financial worth of stocks, bonds, annuities, mutual funds, and life insurance; and values certain assets.

There are three ways you can do this: (1) obtain the service of an attorney to handle your case; (2) go to the child support enforcement office in your county; or (3) file the case yourself by using the CC-DR forms.

A Maryland Long Form Financial Statement is a key document which the Court relies on when determining child support and alimony and is often used by the court to determine whether a party should be awarded attorney's fees.

How To Fill Out the Personal Financial Statement Step 1: Choose The Appropriate Program.Step 2: Fill In Your Personal Information.Step 3: Write Down Your Assets.Step 4: Write Down Your Liabilities.Step 5: Fill Out the Notes Payable to Banks and Others Section.Step 6: Fill Out the Stocks and Bonds Section.

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.

Rule 9-202 - Pleading (a)Signing-Telephone Number. A party shall personally sign each pleading filed by that party and, if the party is not represented by an attorney, shall state in the pleading a telephone number at which the party may be reached during ordinary business hours.

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Maryland Financial Affidavit