It sounds simple enough, Financial Declaration. It's something that each party in most Family Court cases must complete, even in cases that may seem to be “uncontested”. Though it seems straightforward, many people discover the document is more complicated than they anticipated.
Determining accurate and update figures for everything can be an arduous process. The document is also critically important as it serves as the basis for the divorce settlement agreement, child support and alimony. Those not involved in the family finances prior to the divorce can have an especially rough time, as estimating is not wise given how important the document can be.
Here are four key points about Financial Declaration:
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