If you are going to get a divorce, you have to disclose your financial information in court, where the whole world can see it. There is no getting around this. Filing a Florida Financial Affidavit is required.
You are going to have to disclose all of your income. That includes salary, including bonuses, any government benefits like social security and disability, your pension, and income from investments.
You can obviously subtract your deductions from income, like taxes, 401 K withholding, insurance premiums and alimony or child support.
Your are going to have to disclose all of your assets. If you have the urge to hide things, don’t do it. If one party suspects that they other party is not disclosing everything, they can hire a financial forensic person, who with subpoena power can probably find almost everything.
If the court finds that you failed to provide complete disclosure, they can declare the divorce decree invalid, and they could even require that you pay the other party’s legal fees.
Steven W. Hair, focuses his practice as a divorce attorney, family law attorney in Clearwater, Palm Harbor, and Safety Harbor.
For more information, visit our website at www.FamilyLawClearwater.com
or call (727) 726-0797.