Family Court / Sworn Disclosure

Financial Affidavit: Divorce & Support (Free Template)

Direct Answer

A financial affidavit is a sworn, notarized statement of the affiant's complete monthly income, payroll deductions, living expenses, assets, and liabilities, filed in divorce, child support, alimony, paternity, indigency, and bankruptcy proceedings so the court has a verified financial baseline for support calculations and equitable distribution. The full financial affidavit template below is attorney-drafted on the long-form pattern (9 income lines, 26 expense categories, 5 asset categories, full liabilities), maps cleanly to Florida Family Law Rule 12.902(b)/(c) and California Form FL-150, and carries the penalty-of-perjury jurat plus Schedules SE/INC/ SEP/SUPP.

Attorney-drafted form opens in Word or any PDF reader. Free, no email required. Read the template on this page first →

Reviewed by Christopher Davis, Esq., Estate Planning AttorneyPennsylvania & New Jersey Bar
Financial affidavit template with affiant identification, dependents schedule, employment block, gross monthly income lines, payroll deductions, twenty-six monthly expense categories, asset and liability schedules, and penalty-of-perjury jurat
Attorney drafted
Reviewed by Christopher Davis, Esq., Estate Planning Attorney
Long-form schedules
9 income lines, 26 expense lines, 5 asset categories, full liabilities
Court-filing ready
Built for Florida 12.902(b)/(c), California FL-150, and equivalents
Penalty-of-perjury jurat
Notary block plus 28 U.S.C. Section 1746 federal declaration
The Template

The Long-Form Financial Affidavit Template

The long-form affidavit below is built on Florida Family Law Rule 12.902(c) (the long form for parties at or above $50,000 gross annual income) and tracks California Form FL-150 (Income and Expense Declaration) so it works in both jurisdictions and most other states' family courts. Eleven numbered paragraphs cover identification, dependents, employment, nine income lines, nine payroll deduction lines, twenty-six monthly expense categories, five asset categories, full liabilities, contingent changes, attached documents, and the disclosure obligation. Schedules SE/INC/SEP/SUPP follow for self-employment income, additional income, separate property, and supplemental disclosures.

financial-affidavit.docx
STATE OF [STATE]                    )
                                    )  ss.
COUNTY OF [COUNTY]                  )


                          FINANCIAL AFFIDAVIT
                  (Sworn Statement of Income, Expenses,
                  Assets, and Liabilities of the Affiant)


In the matter of: [Case Caption, e.g., In re the Marriage of X
and Y / People v. X / In re X (Pet. for Fee Waiver)]

Court: [Court Name]                Cause No.: [____]


    BEFORE ME, the undersigned authority, on this day personally
appeared [Affiant Full Legal Name] (the "Affiant"), who, being
by me first duly sworn upon oath, deposed and stated as follows:


    1.  AFFIANT IDENTIFICATION.
            Full legal name:        [Affiant Full Legal Name]
            Date of birth:          [Date of Birth]
            Address:                [Street, City, County, State, ZIP]
            Telephone:              [Phone]
            Email:                  [Email]
            Marital status:         [Single / Married / Separated /
                                     Divorced / Widowed]
            Highest education:      [Degree / Year]
            Health (general):       [No issues affecting earning
                                     capacity / Specify limitation]

    2.  DEPENDENTS. Affiant has the following dependents for
        whom Affiant has a current legal or financial support
        obligation:

            Name                Date of Birth   Relationship    Resides With
            ________________    ____________    ____________    ____________
            ________________    ____________    ____________    ____________
            ________________    ____________    ____________    ____________

    3.  EMPLOYMENT.
            Current employer:       [Employer Legal Name]
            Position / Title:       [Title]
            Start date:             [Start Date]
            Pay frequency:          [Weekly / Bi-weekly / Semi-
                                     monthly / Monthly / Other]
            Hours per pay period:   [Hours]
            Self-employed?          [Yes / No]

        If self-employed, attach Schedule SE (a description of
        the business, ownership percentage, the most recent two
        years of Schedule C or partnership/K-1 returns, and the
        most recent year-to-date profit-and-loss statement).

    4.  GROSS MONTHLY INCOME. (Average of the most recent 12
        months unless income is variable; if variable, attach
        Schedule INC showing the computation.)

            Source                                          Monthly Amount
            (a) Wages, salary, commissions (W-2)            $__________
            (b) Self-employment net income                  $__________
            (c) Pensions, retirement, Social Security       $__________
            (d) Disability, unemployment, workers' comp     $__________
            (e) Rental income (net of operating expenses)   $__________
            (f) Investment income (interest, dividends)     $__________
            (g) Trust distributions                         $__________
            (h) Spousal or child support actually received  $__________
            (i) Other (specify): ________________           $__________
                TOTAL GROSS MONTHLY INCOME                  $__________

    5.  PAYROLL DEDUCTIONS (mandatory, not voluntary).

            (a) Federal income tax withholding              $__________
            (b) FICA / Social Security tax                  $__________
            (c) Medicare tax                                $__________
            (d) State income tax                            $__________
            (e) Mandatory union dues                        $__________
            (f) Mandatory retirement contributions          $__________
            (g) Health insurance premiums (Affiant only)    $__________
            (h) Health insurance premiums (dependents)      $__________
            (i) Wage garnishment (court order)              $__________
                TOTAL DEDUCTIONS                            $__________

            NET MONTHLY INCOME (Line 4 minus Line 5)        $__________

    6.  MONTHLY LIVING EXPENSES.

            HOUSING
            (a) Rent or mortgage principal and interest     $__________
            (b) Property taxes (if not escrowed)            $__________
            (c) Homeowner's or renter's insurance           $__________
            (d) HOA / condo fees                            $__________
            (e) Utilities (electric, gas, water, sewer)     $__________
            (f) Internet, telephone, mobile                 $__________

            FOOD AND HOUSEHOLD
            (g) Groceries and household supplies            $__________
            (h) Meals outside the home                      $__________

            TRANSPORTATION
            (i) Auto loan or lease payment                  $__________
            (j) Auto insurance                              $__________
            (k) Fuel, maintenance, registration             $__________
            (l) Public transit, rideshare, parking          $__________

            INSURANCE (premiums not deducted at Line 5)
            (m) Life insurance                              $__________
            (n) Out-of-pocket health, dental, vision        $__________
            (o) Disability or long-term-care insurance      $__________

            DEPENDENT EXPENSES
            (p) Child care / after-school                   $__________
            (q) Tuition and school fees                     $__________
            (r) Extracurricular activities                  $__________
            (s) Child support paid (under prior order)      $__________
            (t) Spousal support paid (under prior order)    $__________

            DEBT SERVICE (minimum monthly payments)
            (u) Credit cards                                $__________
            (v) Student loans                               $__________
            (w) Personal loans                              $__________
            (x) Medical debt installments                   $__________

            OTHER RECURRING
            (y) Charitable contributions                    $__________
            (z) Subscriptions and memberships               $__________
            (aa) Other (specify): _________________         $__________

                TOTAL MONTHLY LIVING EXPENSES               $__________

            MONTHLY SURPLUS / (DEFICIT) (Line 5 net minus
            Line 6 total)                                   $__________

    7.  ASSETS. (List the fair market value as of the date of
        execution. Identify any asset claimed by Affiant to be
        separate, non-marital, or otherwise excluded from the
        marital or community estate by marking the "Separate?"
        column "Yes" and identifying the basis on Schedule SEP.)

        REAL PROPERTY
            Address                     Vesting     FMV          Mortgage    Equity      Separate?
            _________________           _________   $________    $________   $________   Y/N
            _________________           _________   $________    $________   $________   Y/N

        VEHICLES
            Year/Make/Model             VIN (last 6)    FMV         Loan        Equity      Separate?
            _________________           __________      $________   $________   $________   Y/N
            _________________           __________      $________   $________   $________   Y/N

        FINANCIAL ACCOUNTS
            Institution                 Type        Acct (last 4)   Balance     Separate?
            _________________           ________    __________      $________   Y/N
            _________________           ________    __________      $________   Y/N
            _________________           ________    __________      $________   Y/N

        RETIREMENT ACCOUNTS
            Plan / Custodian            Type        Balance         Separate?
            _________________           ________    $__________     Y/N
            _________________           ________    $__________     Y/N

        BUSINESS INTERESTS
            Entity                      % Owned     Valuation Basis             Separate?
            _________________           _____%      ______________________      Y/N

        PERSONAL PROPERTY OF VALUE
            (Jewelry, collectibles, firearms, art, equipment;
             individual items with FMV over $500)
            Description                 Location            FMV         Separate?
            _________________           ____________        $________   Y/N

                TOTAL ASSETS                                $__________

    8.  LIABILITIES. (List each debt with the original creditor,
        current servicer, account number last four, balance,
        minimum payment, and whether the debt is in Affiant's
        sole name, joint with another, or co-signed.)

            Creditor / Servicer         Acct (last 4)   Balance     Min Pmt     Held?
            _________________           __________      $________   $________   Sole/Joint/Cosigned
            _________________           __________      $________   $________   Sole/Joint/Cosigned
            _________________           __________      $________   $________   Sole/Joint/Cosigned

                TOTAL LIABILITIES                       $__________

            NET WORTH (Line 7 minus Line 8)             $__________

    9.  CONTINGENT OR ANTICIPATED CHANGES. Within the next 12
        months, Affiant anticipates the following material
        changes to the financial picture stated above:

        [Loss of employment / New employment / Inheritance /
         Pending tort recovery / Pending commission or bonus /
         Anticipated medical expense / Filing of bankruptcy /
         Other: ______________ / None].

    10. DOCUMENTS ATTACHED IN SUPPORT.
            (Check or list those attached. State court rules and
            local court rules may require some or all of these
            and may require additional documents.)

            ___ Last two pay stubs.
            ___ Most recent two years' federal income tax
                returns (with all schedules and W-2s/1099s).
            ___ Most recent two months' statements for every
                financial account listed in Paragraph 7.
            ___ Most recent statement for every retirement
                account listed in Paragraph 7.
            ___ Most recent statement for every debt listed in
                Paragraph 8.
            ___ Most recent mortgage statement(s).
            ___ Schedule SE (self-employment package).
            ___ Schedule INC (variable-income computation).
            ___ Schedule SEP (separate-property basis).
            ___ Other (specify): ______________________________.

    11. AFFIANT'S DISCLOSURE OBLIGATION. Affiant understands
        that Affiant is required to amend or supplement this
        Affidavit promptly if any disclosure stated herein
        becomes materially inaccurate before the conclusion of
        the proceeding. Affiant further understands that the
        opposing party and the Court are relying on the
        truthfulness of these disclosures for purposes of
        temporary orders, discovery, mediation, settlement,
        and judgment, and that knowingly false statements may
        expose Affiant to civil contempt, evidentiary
        sanctions, criminal perjury charges, and reversal or
        reopening of any order entered in reliance on this
        Affidavit.


    FURTHER AFFIANT SAYETH NAUGHT.


    Executed on this ____ day of ________________, 20____.


                                ____________________________________
                                AFFIANT
                                [Affiant Full Legal Name]
                                [Affiant Street Address]
                                [City, State, ZIP]


PENALTY-OF-PERJURY DECLARATION (Federal Alternative).
Pursuant to 28 U.S.C. Section 1746, Affiant declares under
penalty of perjury under the laws of the United States of
America that the foregoing is true and correct.

    Executed on _______________ at _______________________.


                                ____________________________________
                                AFFIANT


                          JURAT / NOTARY ACKNOWLEDGMENT


STATE OF ______________________ )
                                ) ss.
COUNTY OF _____________________ )

    Sworn to and subscribed before me by [Affiant Full Legal Name]
on this ____ day of ________________, 20____, who is personally
known to me OR produced ______________________________ as
identification, and who being duly sworn deposed that the
statements in the foregoing Affidavit are true and correct of
the Affiant's own personal knowledge.


                                ____________________________________
                                NOTARY PUBLIC, State of __________

                                Printed Name: ______________________

                                My Commission Expires: _____________

                                Notary Seal:




EXHIBITS / SCHEDULES:
    Schedule SE:    Self-employment package (entity description,
                    ownership percentage, prior two years of
                    Schedule C or K-1, year-to-date profit-and-
                    loss statement).
    Schedule INC:   Variable-income computation (12-month rolling
                    average with month-by-month breakdown).
    Schedule SEP:   Separate-property basis statement for each
                    asset claimed in Paragraph 7 to be separate,
                    non-marital, inherited, gifted, or pre-marital.
    Schedule SUPP:  Any additional disclosure required by state
                    family-law rule or local court rule (for
                    example, business-interest valuation,
                    closely-held-entity tax returns, retirement-
                    account valuations as of date of separation).
Documentation

From Bank Statements to Sworn Monthly Numbers

Five steps from gathering the documentary backup through filing with the family court and serving the opposing party. The two failure points to watch are documentation (every line on the affidavit should map to a bank statement, pay stub, or other paper) and the continuing disclosure duty (financial changes after filing must be supplemented promptly).

Five-step financial affidavit workflow from documentary backup through monthly figures calculation, template fill, notarization, and filing with the family court plus service on the opposing party
  1. 1

    Gather the documentary backup

    The affidavit is only as defensible as the documents that support it. Pull the last three pay stubs, the most recent year-end W-2, the last three years of federal income tax returns (with all schedules), the last three months of every bank and brokerage statement, the most recent statement for every credit card and loan, the most recent mortgage statement, the most recent retirement-account statement, and the latest property tax bill. Self-employed parties pull the most recent profit-and-loss and the business bank statements.

  2. 2

    Calculate the monthly figures

    Annualize income that fluctuates: divide year-to-date by months elapsed, or use the prior-year tax return divided by twelve, whichever is more accurate. Compute monthly expenses by averaging the last twelve months of bank and credit card statements, not the most recent month. Calculate net equity in real property (fair market value minus mortgage balance) and net worth in retirement accounts (current value minus vested balance reduction).

  3. 3

    Fill in the template below

    Replace each bracketed placeholder with the case-specific numbers. Disclose every income source, every account, every asset, and every liability. Estimates and rounded figures invite a credibility attack from the opposing party. If a number is uncertain, mark it as 'unknown, subject to supplement' rather than guessing low. Schedules SE/INC/SEP/SUPP at the end of the template handle self-employment, additional income, separate property, and supplemental disclosures.

  4. 4

    Sign before a notary public

    Do not pre-sign. The affidavit is sworn under penalty of perjury, and the notary must witness the signature in person, administer the oath, and complete the jurat. Bring photo identification and the supporting documents that will be filed as exhibits.

  5. 5

    File with the court and serve the opposing party

    File the original signed affidavit with the clerk of the family court (or bankruptcy court). Serve a copy on the opposing party (or counsel) and any other interested party (guardian ad litem, court-appointed evaluator). Many states require the affidavit to be filed before any contested hearing on financial issues; orders cannot enter until the affidavit is on file. Supplement the affidavit promptly if financial circumstances change materially.

Court Posture

What Family Court Expects From the Financial Affidavit

A financial affidavit is the family court's primary evidentiary instrument for any financial issue: child support, alimony, equitable distribution of marital property, attorney-fee allocation, and indigency determinations. The affidavit is sworn, so the affiant attests under penalty of perjury that the income, expense, asset, and liability figures are complete and accurate. Courts treat the numbers on the affidavit as the presumptive baseline; the opposing party can challenge them in discovery or at trial, but the affidavit is the starting point.

The affidavit functions as the contract between the affiant and the court on financial transparency. Filing an incomplete or inaccurate affidavit creates two distinct exposures. The first is criminal: state-law perjury (typically a felony) and federal perjury under 18 U.S.C. Section 1621 where federal interests are implicated. The second is civil: the family court can strike the affidavit, hold the affiant in contempt, impose attorney fees, impute income or assets, and, if fraud is found after a final decree, reopen the property division and award the concealed assets disproportionately to the wronged spouse.

The affidavit is procedurally distinct from a few adjacent disclosures. Mandatory disclosure rules (Florida Rule 12.285, California Family Code 2104, equivalents in most states) require both parties to exchange documents alongside the affidavit (tax returns, bank statements, pay stubs); the affidavit summarizes, the documents corroborate. Discovery (interrogatories, depositions, subpoenas to third-party financial institutions) is the tool for testing the affidavit's accuracy when the other side suspects underreporting. The affidavit and the discovery package together build the court's financial record.

The affidavit does not itself set any financial obligation; the court issues the support, alimony, or distribution order after considering the affidavits, the mandatory disclosures, and any hearing testimony. The affidavit produces the inputs; the court applies the guidelines-based formula (child-support guidelines, alimony statutes, equitable-distribution factors) to produce the outputs. Wrong inputs produce wrong outputs; the affidavit is the leverage point in the entire process.

Proceeding Types

Five Proceeding Types That Require Financial Disclosure

The affidavit is required across five proceeding types. The long-form template below covers each pattern; state-specific forms (Florida 12.902(c), California FL-150) are signed alongside as required by the local rule.

Divorce and dissolution

Each spouse files a financial affidavit so the court can divide marital property, allocate debt, and set alimony. Mandatory disclosure rules (Florida Rule 12.285, California Family Code 2104, similar elsewhere) require exchange within a fixed window after service.

Child support and paternity

Each parent files a financial affidavit so the court can apply the state child-support guidelines. Imputation of income (the court assigns income the parent could earn) is the default penalty for underdisclosure or willful underemployment.

Alimony and spousal maintenance

The requesting party shows need; the obligor shows ability to pay. Both file financial affidavits with full income, expense, and asset detail. Standard of living during the marriage is reconstructed from the affidavits and the supporting documents.

Indigency and fee waivers

An applicant for in forma pauperis status (waiver of court filing fees) files a financial affidavit showing income below the federal poverty guideline or the state-specific indigency threshold. The court reviews the affidavit and either grants or denies the waiver.

Bankruptcy proceedings

Schedules of assets, liabilities, income, and expenses required in Chapter 7 and Chapter 13 bankruptcy track the financial-affidavit pattern. Federal bankruptcy uses the Means Test; the affidavit below maps to the underlying disclosures the trustee uses.

Hidden assets are caught more than they hide.

Forensic accountants, subpoenas to banks and brokerages, lifestyle audits, and tax-return analysis uncover concealment more often than concealment succeeds. A complete affidavit produces a cleaner outcome than a sanitized one; the court's remedy for fraud is far worse than the cost of disclosure. Complex situations should route through /get-a-quote for an attorney-structured disclosure.

People Also Ask

Financial Affidavit: Disclosure Questions

Sourced from the People Also Ask box for financial affidavit, financial affidavit for divorce, and what is a financial affidavit.

What is a financial affidavit?
A financial affidavit is a sworn, notarized statement of the affiant's complete financial picture: gross monthly income from every source, payroll and tax deductions, monthly living expenses by category, assets (real property, vehicles, financial accounts, retirement, business interests, personal property), and liabilities (secured and unsecured debts). It is signed under penalty of perjury and filed in divorce, child support, alimony, paternity, indigency, and bankruptcy proceedings so the court has a verified financial baseline for support calculations, equitable distribution of marital property, and fee waivers. Many states require ongoing supplements as financial circumstances change.
Who needs to file a financial affidavit?
Each party in a contested divorce or family-law case involving financial issues; each parent in a child-support or paternity action; each party requesting alimony or spousal maintenance; any applicant for in forma pauperis (indigent fee waiver); and each debtor in a Chapter 7 or Chapter 13 bankruptcy. Many state-court systems require the affidavit at the first hearing and require updated supplements before any financial order issues. If the financial picture is complex (self-employment, multiple income streams, business interests, hidden assets), send the matter through /get-a-quote so an attorney can structure the disclosure before the affidavit is sworn.
What happens if you lie on a financial affidavit?
Lying on a financial affidavit constitutes perjury under both state law (typically a felony in family-law contexts) and federal law under 18 U.S.C. Section 1621 when the affidavit affects federal interests. The criminal penalty can be up to five years imprisonment per false statement, plus a fine. The civil consequences are often more severe in family court: the court may strike the false affidavit, hold the affiant in contempt, award attorney fees to the opposing party, reopen settlement agreements based on the fraud, and impute income or assets at the higher level. Hidden assets discovered after a divorce decree can be retried and reallocated entirely to the wronged spouse.
What is the difference between a short form and long form financial affidavit?
Many states distinguish short-form and long-form financial affidavits by gross income threshold. Florida Family Law Rule 12.902(b) is the short form for parties with gross annual income under $50,000; Rule 12.902(c) is the long form for parties at or above $50,000. The short form abbreviates expense and asset schedules; the long form requires line-item disclosure of every expense category, every asset, every liability, and supporting documentation. Use of the wrong form (filing short form when long form is required) is grounds for the court to strike the filing and order a redo. The template below is the long form, which covers both cases.
Is a financial affidavit required in a divorce?
In almost every state, yes, for any divorce that involves financial issues (alimony, child support, equitable distribution of marital property, attorney fee allocation). The mandatory disclosure rule in most states (Florida Rule 12.285, California Family Code 2104, similar elsewhere) requires both parties to exchange financial affidavits within a fixed window after service of the petition, and orders cannot enter until the affidavits are filed. Uncontested no-asset divorces in some states waive the requirement; contested divorces and any case with minor children require it.
What information goes on a financial affidavit?
Five categories. Income: gross monthly income from every source, including wages, self-employment, rental income, investment income, social security, pensions, alimony or child support received, and any other recurring income. Deductions: payroll taxes, retirement contributions, health insurance, union dues, court-ordered support paid to a different family. Expenses: monthly living expenses broken out by category (housing, utilities, food, transportation, insurance, dependent expenses, debt service, miscellaneous). Assets: real property, vehicles, financial accounts (each bank, brokerage, retirement account separately), business interests, personal property. Liabilities: secured debt (mortgages, vehicle loans), unsecured debt (credit cards, student loans, medical debt). Supporting documents (pay stubs, tax returns, bank statements, account statements) are attached as exhibits.
How do you fill out a financial affidavit?
Gather the supporting documents first: the last three pay stubs and the most recent year-end W-2 for wages, the most recent three years of federal income tax returns, the last three months of statements for every bank and brokerage account, the most recent statement for every credit card and loan, and the most recent mortgage statement. Calculate monthly gross income (annualized self-employment income divided by twelve, not the most recent month, which can be misleading). Complete each schedule line by line, attach the supporting documents as exhibits, sign before a notary, and file with the court. Estimates are not acceptable; if a number is unknown, mark it as 'unknown' and supplement when the document arrives.
What is the penalty for filing a false financial affidavit?
Criminal: state-law perjury, typically a felony, with imprisonment up to five years and a fine. Federal: 18 U.S.C. Section 1621 perjury where the affidavit affects federal interests (federal bankruptcy, federal benefit applications), same five-year imprisonment ceiling per false statement. Civil contempt: a state court can hold the affiant in contempt of court, jail the affiant until the affidavit is corrected, order the affiant to pay the opposing party's attorney fees, and impute income or assets at the higher rate. Family-law fraud: if discovered after a divorce decree, the wronged spouse can reopen the property division and may receive a disproportionate award of the concealed assets.

Have a Family-Law Attorney Prepare the Disclosure

Self-employment income, closely-held business valuations, stock-option vesting, and trust-distributed income are the line items most often litigated, and the ones most often misreported on a self-drafted affidavit. A family-law attorney runs the income calculation against tax returns and Schedule K-1s, builds the asset and liability schedules from the brokerage and lender statements, and structures the disclosure so the affidavit and the mandatory-disclosure exhibits reconcile line by line.