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NW EA L TH OF KE led et Justinian RT C E CO U Commonwealth of Kentucky Court of Justice www.courts.ky.gov MRS Chapter 31 LUCKY COMM O Doc. Code: AI & 0I NT AOC-350 Rev. 5-11 Page 1 of 3 OF US TI FINANCIAL

How to fill out financial statement affidavit of

How to fill out financial statement affidavit of:

1. Begin by gathering all the necessary information and documents. This may include your income statements, bank statements, tax returns, and any other financial records that are relevant to your financial situation.
2. Carefully review the affidavit form and ensure that you understand the instructions and requirements. Pay close attention to any specific sections or fields that need to be filled out.
3. Start by providing your personal information, such as your full name, address, contact details, and social security number. Make sure to double-check the accuracy of this information.
4. Proceed to fill out the sections related to your income and expenses. Provide accurate details about your monthly income from all sources, including employment, investments, and any other sources of income. Similarly, list all your expenses, including rent/mortgage, utilities, transportation, insurance, and other necessary expenses.
5. Include any assets or property that you own, such as real estate, vehicles, or valuable possessions. Provide accurate details about their current value and any outstanding debts or loans associated with them.
6. If you have any outstanding debts or obligations, make sure to disclose them in the appropriate section. This includes credit card debts, loans, child support, alimony, or any other financial obligations you may have.
7. Carefully review the completed affidavit form to ensure all the information provided is accurate and complete. Double-check for any errors or missing information.
8. Sign and date the affidavit form in the designated section. Ensure that you have read and understood the statements and declarations.
9. Attach any supporting documents or evidence as required by the form. This may include copies of pay stubs, bank statements, tax returns, or other relevant financial records.
10. Make a copy of the completed and signed affidavit form, along with all the supporting documents, for your own records.

Who needs financial statement affidavit of:

1. Individuals going through a divorce or separation proceedings may require a financial statement affidavit as part of the legal process. It helps provide a clear picture of their financial situation and assists in determining matters such as alimony, child support, and property division.
2. Individuals applying for certain government assistance programs may also be required to fill out a financial statement affidavit. This helps assess their eligibility for financial aid or benefits based on their income, assets, and expenses.
3. Some financial institutions or lenders may request a financial statement affidavit from individuals applying for loans or mortgages. This helps evaluate the borrower's creditworthiness and ability to repay the loan.
4. In certain legal cases, such as probate or estate proceedings, a financial statement affidavit may be necessary to assess the deceased individual's assets, liabilities, and overall financial status.

Remember, it is always recommended to consult with a legal professional or financial advisor for guidance specific to your situation when filling out a financial statement affidavit.

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