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140 - Why You Should Care About Financial Affidavits

Divorce Team Radio - Your Source for Divorce and Family Law Matters

CHAPTER

The Importance of a Marital Balance Sheet

Some financial affidavits will have a section that allows you to check a box that this is separate property. A lot of those numbers come from the domestic relations financial affidavit. If you are preparing both a DERFA and a marital balance sheet, make sure that the information in each is the same. And then I've seen situations where, so here's another pitfall, they list an asset, but they forget to list that it's separate property.

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