An Affidavit of Financial Support is used to determine child support, alimony, and the separation of assets and liabilities to reach an agreeable settlement in a divorce case. An Affidavit of Financial Support is a legal document outlining an individual’s assets, liabilities, gross monthly income, and living expenses.
An Affidavit of Financial Support is a sworn statement by an individual about their income, expenses, assets, and liabilities. Financial Support Affidavits serve a wide variety of purposes and are most commonly used in divorce cases. They are also requested by Colleges and Universities to identify the proof of an international student’s tuition payment.
The main reason to file an Affidavit of Financial Support is that a court or business has requested confirmation of your financial situation.