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Divorce Financial Statement Form: What You Should Know

It is easy to make errors on this kind of financial statement.  Fill out the Form with pencil, not ink. If you can read handwriting, you don't need to  print out Form 20-201.1. It is a short form, which requires little work. The Financial Statement Short Form is a good thing to  bring to the hearing to ask for a financial report. You should ask the other party to fill out this form if you do not have one. The Financial Disclosure Statement must be filed with the court. If you get divorced but still want to have children, ask your husband or wife about how to file a report, or if you have questions or do not know. Do not assume that the other party completed the form correctly. Check it before you file.  Your husband or wife may know about any expenses, financial or otherwise, you have in order to file a financial report. Ask him or her about his or her own financial circumstances.   If you are not filing the short form, contact your husband or wife.

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Instructions and Help about Divorce financial statement

There are few events in life that are more emotional than the very beginning of a divorce process. Emotions such as anger and distrust, which have built up over months or sometimes even years, can boil out and cause even the most rational, good, and sane people to act irrationally and treat their other spouse in a way they never would. We're gonna go over 11 common dirty tricks that we see in our practice that spouses do to each other. Dirty trick number one is hiding assets in anticipation of a divorce. It is common for one spouse, whether it's a husband or a wife, to have certain accounts that will be titled solely in their name. These accounts can include 401ks, investment accounts, or IRAs. It's not uncommon for one spouse to not know about these accounts. Usually, there is one spouse that has made the mental decision to file for divorce and they have time to plan, which may involve moving assets around. One of the most common things we see is a spouse who has decided to take some assets, whether it's an investment account asset or cash, and try to hide it weeks, months, or even years prior to filing for divorce. While this is a dirty trick, the good news is that in our divorce process, your lawyer or legal team is able to go back in time and look forensically at different bank accounts, checking accounts, and investment accounts to find if money has been moved around. If needed, you can enlist the help of an expert accountant to trace different funds and ensure that any hidden money is found, resulting in a fair distribution of assets in the divorce. Dirty trick number two is starving a spouse financially. It's not uncommon in traditional American...