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An affidavit is legally bound to contain only true statements. Lying on a sworn affidavit is a serious offense. Depending on the jurisdiction, it may be considered perjury, interfering with an investigation, or any one of a number of other crimes.

Consequences of Signing an Affidavit Since you are signing a document under oath, it is the same as testifying in a court of law. If you provide information that is false or lie on the affidavit, you could be fined for perjury. Penalties could include monetary fines, community service, and even jail time.

In an affidavit, you swear under penalty of perjury that the facts you set out in the document are true to the best of your knowledge. Lying in an affidavit is the same as lying in court testimony, and it constitutes a crime called perjury.

5 Tips for an Accurate Financial Statement in a DivorceDo 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.Jul 8, 2019

To properly fill out your financial affidavit or statement, include the following;Docket number and name of the case, including names of both parties.Your income from all sources, including overtime, bonuses, social security, tips, interest, other spousal support, and commissions.More items...?Nov 26, 2019

Below is the basic six-step process you'll need to take to complete your affidavit.Title the affidavit. First, you'll need to title your affidavit.Craft a statement of identity.Write a statement of truth.State the facts.Reiterate your statement of truth.Sign and notarize.14 Nov 2019

Affidavits as an evidence:Affidavit is an admissible evidence, however some courts may need you to testify the affidavit or they may consider it as hearsay evidence. Since hearsay is not admissible as an evidence, the affidavit may not be used for evidence if anyone objects to it unless it is testified.

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False statements made outside of official proceedings are not perjury. For example, if a witness lies to a lawyer who is taking notes in order to draft an affidavit, the witness has not committed perjury (unless she later signs the affidavit under oath with the false statement in it).

Situation 2 If a person voluntarily files a false affidavit, then he/ she can be punished under section 191,193,195 and 199 of the Indian Penal Code for giving false evidence. Punishment for filing a false affidavit is punishable by imprisonment for a term ranging from 3 to 7 years.