Family | Business | Insurance Attorney At Law : Orlando Office

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Money Issues

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Financial matters can include temporary support for a child and/or spouse, child support, alimony and equitable distribution of assets and debts.

In almost every a divorce case, each party files a Financial Affidavit and Mandatory Disclosure. The Financial Affidavit outlines all assets and liabilities, and the Mandatory Disclosure proves that the affidavit is right by showing bank statements, tax returns, credit card statements, deeds, mortgages, etc. Preparing these documents correctly can be a time-consuming process because it requires gathering documents to which a party might not have easy access. The list is extremely detailed, because all of these assets and liabilities (debts) will be split. This is crucial, because it is a blueprint for what the couple has and what must be divided among the two parties. It also provides the basis for the Child Support Guideline which will determine the support amount, according to the statute. Spend the time necessary to get all of this information together, and it will make things go much smoother down the road in the process.