Financial Declarations in a Utah Divorce

In every Contested Divorce in Utah, and in many other types of family law matters, the parties are required to provide Financial Declarations to the court. A Financial Declaration is a court form you must fill out detailing all of your financial information including the following:

  • Personal Information
  • Gross Monthly Income
  • Monthly Tax Deductions
  • Net Monthly Income
  • Monthly Expenses
  • Real Property Assets
  • Personal Property Assets
  • Financial Assets
  • Business Interests
  • Debts

Additionally, along with filling out the required information, you must attach any documents referred to in your declaration and the following:

  • For the two tax years before the petition in this case was filed, complete federal and state income tax returns, including Form W-2, Form 1099, and Form K-1, and supporting tax schedules and attachments filed by you and by any entity in which you have a majority or controlling interest.
  • Pay stubs and other evidence of all earned and un-earned income for the 12 months before the petition in this case was filed.
  • All loan applications and financial statements prepared or used by the party completing the financial declaration within the 12 months before the petition in this case was filed.
  • Documents verifying the value of all real estate in which the party has an interest, including the most recent appraisal, tax valuation and refinance documents.
  • All statements for the 3 months before the petition in this case was filed for all financial accounts, including checking, savings, money market funds, certificates of deposit, brokerage, investment, and retirement.

As you can see, the amount of information you have to disclose as well as documents and information you are required to provide is extensive. Individuals filling out these financial declarations should at a minimum have an attorney review their documentation before filing anything with the court. What you list in your financial declaration may have a significant impact on your rights with regard to such things as child support, alimony, and property division.

Contact Salcido Law Firm for Forms

If you are looking for the financial declaration you need to fill out and file in your case, we can help. Call and speak to a Salt Lake City Divorce Lawyer at our office today and we can email you everything you need to get started, answer and questions, and of course, represent you through the process. For more information about financial matters in Divorce or anything else related, do not hesitate at all. Pick up your phone and speak to a member of the Salcido Law Firm team today.

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