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Do I answer questions based on what my financial situation will be or currently is. Post divorce I will depend on my new full-time income alone whearas currently I show that I earn a full-time income from my employer as well as receive a full-time paycheck from my spouse’s and my company together. The income I lose from the company will be come his.
Feb 19, 2016
Family Law
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Bill HenryFounding Partner | 18 years of experience
Profile Picture of Attorney Bill Henry
Profile Picture of Attorney Bill Henry
Bill HenryFounding Partner 18 years of experience

Your sworn financial statement is basically a snapshot of your current circumstances. Sometimes people explain their situation in more detail than the form provides for. You may choose to provide additional documentation and disclosure regarding your potential future income. There are many considerations in a dissolution proceeding that rely upon a calculation of your income to resolve. It makes sense that everyone know your circumstances as completely as possible for both settlement efforts and trial if needed. The Sworn Financial Statement isn’t really designed to tell that whole story and needs to be prepared based upon current circumstances or you could be accused of submitting a false document.

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