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TOWN OF CHEVY CHASE ETHICS COMMISSION FINANCIAL DISCLOSURE STATEMENT This form must be filed annually by all sitting Town Council members. Elected Council members, the Town Manager, and the Town Clerk/Finance

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How to fill out financial disclosure statement

How to fill out a financial disclosure statement:

01

Start by gathering all the necessary documents and information. This may include bank statements, tax returns, investment statements, and any other financial documents that are relevant.

02

Begin by filling out your personal information section, which typically includes your name, address, social security number, and other identifying details.

03

Move on to the income section, where you will disclose all sources of income such as employment, rental properties, investments, and any other income streams. Be sure to include accurate figures and provide any necessary supporting documentation.

04

Next, include details about your assets, such as real estate properties, vehicles, bank accounts, retirement accounts, stocks, and any other valuable possessions.

05

Proceed to the liabilities section, where you will list any outstanding debts, mortgages, loans, credit card balances, and other financial obligations that you have.

06

It is important to include any additional information that may be required, such as ownership interests in businesses, partnerships, or any other financial interests that may be relevant.

07

Double-check all the information you have provided to ensure accuracy and completeness.

08

Sign and date the financial disclosure statement to attest that the information provided is true and accurate to the best of your knowledge.

Who needs a financial disclosure statement?

01

Individuals going through a divorce or legal separation may be required to fill out a financial disclosure statement as part of the legal process. This helps determine the division of assets, alimony, child support, and other financial matters.

02

Government officials and employees may be required to disclose their financial information to ensure transparency and prevent conflicts of interest.

03

Candidates running for public office may need to submit a financial disclosure statement to demonstrate their financial standing and potential conflicts of interest.

04

Some financial institutions may request a financial disclosure statement when applying for certain loans or credit lines.

05

Companies involved in mergers, acquisitions, or partnerships may require disclosure of financial information as part of the due diligence process.

Remember, the need for a financial disclosure statement can vary depending on the specific situation or legal requirements, so it is always best to consult with a legal or financial professional if you are unsure.

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What is financial disclosure statement?

A financial disclosure statement is a document that outlines an individual's financial interests and holdings.

Who is required to file financial disclosure statement?

Public officials, government employees, and individuals holding certain positions are required to file a financial disclosure statement.

How to fill out financial disclosure statement?

To fill out a financial disclosure statement, individuals must provide detailed information about their financial assets, income, liabilities, and other financial interests.

What is the purpose of financial disclosure statement?

The purpose of a financial disclosure statement is to promote transparency and accountability by ensuring that individuals in positions of power do not have conflicts of interest.

What information must be reported on financial disclosure statement?

Information such as sources of income, property holdings, investments, and debts must be reported on a financial disclosure statement.

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