Fill in Your Florida Financial Affidavit Short 12.902(b) Template Get Document Here

Fill in Your Florida Financial Affidavit Short 12.902(b) Template

The Florida Financial Affidavit Short 12.902(b) form is a crucial document used in family law cases, particularly for determining financial obligations during divorce or child support proceedings. This form provides a concise overview of an individual's financial situation, including income, expenses, assets, and liabilities. Completing this form accurately is essential for ensuring fair financial arrangements, so take action now by filling out the form below.

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Key takeaways

Filling out the Florida Financial Affidavit Short 12.902(b) form is an important step in various legal proceedings, particularly in family law cases. Here are some key takeaways to keep in mind:

  • Understand the Purpose: This form is used to provide a clear picture of your financial situation, which is crucial for matters like child support, alimony, and equitable distribution of assets.
  • Be Accurate: Ensure that all information is truthful and precise. Inaccuracies can lead to legal complications.
  • Include All Income Sources: List every source of income, including wages, bonuses, rental income, and any other earnings.
  • Document Expenses: Provide a detailed account of your monthly expenses. This helps the court understand your financial obligations.
  • Use Current Information: Make sure the financial information reflects your current situation, not outdated figures.
  • Review Before Submission: Double-check all entries for accuracy. A thorough review can prevent issues later on.
  • Consider Professional Help: If you're unsure about how to fill out the form, consulting with a legal expert can provide clarity.
  • Keep Copies: Always retain a copy of the completed affidavit for your records. This is important for future reference.
  • File on Time: Ensure that you submit the form by the required deadline to avoid delays in your case.

By keeping these points in mind, you can navigate the process of completing the Florida Financial Affidavit Short 12.902(b) form more effectively.

Dos and Don'ts

When filling out the Florida Financial Affidavit Short 12.902(b) form, it's important to follow certain guidelines to ensure accuracy and completeness. Here are some dos and don'ts to keep in mind:

  • Do provide accurate and honest information about your finances.
  • Do include all sources of income, including wages, benefits, and any side jobs.
  • Do list all your monthly expenses clearly, including rent, utilities, and groceries.
  • Do review the form carefully before submitting it to avoid mistakes.
  • Don't leave any sections blank; if a section doesn’t apply, write "N/A."
  • Don't exaggerate or understate your financial situation; honesty is crucial.

Form Overview

Fact Name Details
Purpose The Florida Financial Affidavit Short 12.902(b) form is used to disclose financial information in family law cases, particularly in divorce proceedings.
Governing Law This form is governed by the Florida Family Law Rules of Procedure, specifically Rule 12.902.
Required Information The form requires information about income, expenses, assets, and liabilities to provide a complete financial picture.
Filing Requirement The affidavit must be filed with the court in any family law case where financial disclosure is necessary.
Length The Short form is designed for individuals with simpler financial situations, making it less comprehensive than the long form.

Common mistakes

  1. Incomplete Information: Many individuals fail to provide all necessary details. This includes not listing all sources of income, such as bonuses or side jobs. It’s crucial to be thorough to avoid delays or complications in the process.

  2. Incorrect Figures: Errors in calculations can lead to significant issues. Double-checking all numbers, especially monthly expenses and income, is essential. An inaccurate representation can affect financial decisions.

  3. Omitting Assets: Some people neglect to include all assets. This may involve forgetting about retirement accounts, real estate, or valuable personal property. Full disclosure is necessary for a fair assessment.

  4. Failure to Update: Not updating the affidavit when circumstances change is a common mistake. Life events such as job changes or significant purchases should prompt a review and revision of the affidavit.

Similar forms

The Florida Financial Affidavit Short 12.902(b) form is similar to the Full Financial Affidavit form, also designated as 12.902(a). Both documents serve the purpose of providing a detailed account of an individual's financial status, including income, expenses, assets, and liabilities. However, the Full Financial Affidavit requires more comprehensive disclosures, making it suitable for more complex financial situations. The Short form is intended for those with simpler financial circumstances, allowing for a more streamlined process while still meeting legal requirements.

Another document that shares similarities is the Child Support Guidelines Worksheet (Form 12.902(e)). This worksheet is used to calculate child support obligations and requires information about income and expenses. While the Financial Affidavit provides a broader view of an individual's financial situation, the Child Support Guidelines Worksheet focuses specifically on the financial aspects relevant to child support calculations. Both forms aim to ensure that financial disclosures are transparent and accurate in family law matters.

The Affidavit of Support (Form I-864) is also comparable, especially in immigration contexts. This form is required by U.S. immigration authorities to demonstrate that a sponsor can financially support an immigrant. Like the Florida Financial Affidavit, it necessitates detailed information about income and assets. However, the Affidavit of Support is primarily concerned with ensuring that immigrants will not become public charges, while the Florida Financial Affidavit is used in family law proceedings.

Understanding the importance of documentation in financial transactions becomes even more critical when considering the sale or purchase of vehicles, where a comprehensive record is essential. For anyone involved in such transactions, utilizing resources like the vehiclebillofsaleform.com can provide valuable guidance on filling out necessary forms, ensuring that all legal requirements are met and that the transfer of ownership is clear and binding.

The Statement of Net Worth is another related document, commonly used in divorce proceedings. This statement outlines an individual’s total assets, liabilities, and net worth at a specific point in time. Similar to the Florida Financial Affidavit, it aims to provide a clear picture of an individual's financial standing. However, the Statement of Net Worth often focuses more on the overall financial picture rather than the detailed breakdown of income and expenses found in the Financial Affidavit.

The Bankruptcy Schedules (Forms B1-B10) also bear resemblance to the Florida Financial Affidavit. In bankruptcy filings, individuals must disclose their financial information, including income, expenses, assets, and debts. Both documents require a comprehensive view of an individual's finances, although the Bankruptcy Schedules are specifically tailored for insolvency proceedings and follow a different legal framework. They serve to assess the debtor's financial situation to determine eligibility for bankruptcy relief.

The Financial Disclosure Statement used in civil litigation is another document that aligns with the Florida Financial Affidavit. This statement is often required in cases involving financial disputes, such as business litigation or partnership dissolutions. Like the Financial Affidavit, it seeks to ensure that all parties have a clear understanding of each other's financial positions. However, the Financial Disclosure Statement may involve more complex financial transactions than those typically found in family law contexts.

Lastly, the IRS Form 1040, the standard individual income tax return, is relevant for comparison. While the IRS form is primarily focused on tax obligations, it requires individuals to report their income and certain deductions. This information can be crucial in family law cases, especially when determining financial support. Although the context differs, both forms aim to provide a clear and accurate representation of an individual's financial situation.

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Your Questions, Answered

What is the Florida Financial Affidavit Short 12.902(b) form?

The Florida Financial Affidavit Short 12.902(b) form is a document used in family law cases in Florida. It provides a concise overview of an individual’s financial situation. This form is often required during divorce proceedings, child support cases, or other family law matters to ensure that the court has a clear understanding of each party's financial status.

Who needs to complete the 12.902(b) form?

This form must be completed by individuals involved in family law cases where financial information is necessary for the court's decision-making. Typically, both parties in a divorce or custody case will need to submit this form to provide transparency regarding their income, expenses, assets, and liabilities.

How do I fill out the 12.902(b) form?

To complete the Florida Financial Affidavit Short 12.902(b) form, follow these steps:

  1. Begin by entering your personal information, including your name, address, and contact details.
  2. Provide details about your income, including wages, salaries, and any additional sources of income.
  3. List your monthly expenses, which may include housing costs, utilities, food, and transportation.
  4. Detail your assets, such as bank accounts, real estate, and personal property.
  5. Include any debts or liabilities you may have, like loans and credit card balances.

Be sure to review your completed form for accuracy before submitting it to the court.

Is there a specific format I need to follow?

Yes, the form must be completed using the format provided by the Florida courts. It is important to use the official version of the form, which can be found on the Florida State Courts website or obtained from your local courthouse. Ensure that all sections are filled out completely and legibly.

What happens if I do not submit the 12.902(b) form?

Failing to submit the Florida Financial Affidavit Short 12.902(b) form may result in delays in your case. The court may require this information to make informed decisions regarding support, division of assets, and other financial matters. In some instances, a judge may impose penalties or dismiss your case if the form is not provided.

Can I get help with filling out the form?

Yes, assistance is available for completing the 12.902(b) form. You may consult with a legal professional, such as an attorney, or seek help from legal aid organizations. Additionally, many local courthouses offer resources or workshops to help individuals understand how to fill out family law forms correctly.

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INSTRUCTIONS FOR FLORIDA FAMILY LAW RULES OF PROCEDURE FORM 12.902(b), FAMILY LAW FINANCIAL AFFIDAVIT (SHORT FORM) (01/15)

When should this form be used?

This form should be used when you are involved in a family law case which requires a financial affidavit and your individual gross income is UNDER $50,000 per year unless:

(1)You are filing a simplified dissolution of marriage under rule 12.105 and both parties have waived the filing of a financial affidavit;

(2)You have no minor children, no support issues, and have filed a written settlement agreement disposing of all financial issues; or

(3)The court lacks jurisdiction to determine any financial issues.

This form should be typed or printed in black ink. After completing this form, you should sign the form before a notary public or deputy clerk. You should file the original with the clerk of the circuit court in the county where the petition was filed and keep a copy for your records.

What should I do next?

A copy of this form must be served on the other party in your case within 45 days of being served with the petition, if it is not served on him or her with your initial papers. Service must be in accordance with Florida Rule of Judicial Administration 2.516.

Where can I look for more information?

Before proceeding, you should read “General Information for Self-Represented Litigants” found at the beginning of these forms. The words that are in bold underlinein these instructions are defined there. For further information, see Florida Family Law Rule of Procedure 12.285.

Special notes...

If you want to keep your address confidential because you are the victim of sexual battery, aggravated child abuse, aggravated stalking, harassment, aggravated battery, or domestic violence, do not enter the address, telephone, and fax information at the bottom of this form. Instead, file Request for Confidential Filing of Address, Florida Supreme Court Approved Family Law Form 12.980(h).

The affidavit must be completed using monthly income and expense amounts. If you are paid or your bills are due on a schedule which is not monthly, you must convert those amounts. Hints are provided below for making these conversions.

Instructions to Florida Family Law Rules of Procedure Form 12.902(b), Family Law Financial Affidavit (Short Form) (01/15)

Hourly - If you are paid by the hour, you may convert your income to monthly as follows:

Hourly amount

x

Hours worked per week =

Weekly amount

Weekly amount

x

52 Weeks per year

=

Yearly amount

Yearly amount

÷

12 Months per year

=

Monthly Amount

Daily - If you are paid by the day, you may convert your income to monthly as follows:

Daily amount

x

Days worked per week

=

Weekly amount

Weekly amount

x

52 Weeks per year

=

Yearly amount

Yearly amount

÷

12 Months per year

=

Monthly Amount

Weekly - If you are paid by the week, you may convert your income to monthly as follows:

Weekly amount

x

52 Weeks per year

=

Yearly amount

Yearly amount

÷

12 Months per year

=

Monthly Amount

Bi-weekly - If you are paid every two weeks, you may convert your income to monthly as follows:

Bi-weekly amount

x

26

=

Yearly amount

Yearly amount

÷

12 Months per year

=

Monthly Amount

Semi-monthly - If you are paid twice per month, you may convert your income to monthly as follows:

Semi-monthly amount x

2

=

Monthly Amount

Expenses may be converted in the same manner.

Remember, a person who is NOT an attorney is called a nonlawyer. If a nonlawyer helps you fill out these forms, that person must give you a copy of a Disclosure from Nonlawyer, Florida Family Law Rules of Procedure Form 12.900(a), before he or she helps you. A nonlawyer helping you fill out these forms also must put his or her name, address, and telephone number on the bottom of the last page of every form he or she helps you complete.

Instructions to Florida Family Law Rules of Procedure Form 12.902(b), Family Law Financial Affidavit (Short Form) (01/15)

IN THE CIRCUIT COURT OF THE

 

 

JUDICIAL CIRCUIT,

IN AND FOR

 

 

COUNTY, FLORIDA

 

 

 

 

Case No.: ______________________

 

 

 

 

Division: _______________________

 

,

 

 

 

Petitioner,

 

 

 

and

 

 

 

 

,

 

 

 

Respondent.

 

 

 

FAMILY LAW FINANCIAL AFFIDAVIT (SHORT FORM)

(Under $50,000 Individual Gross Annual Income)

I, {full legal name}

 

 

 

 

, being sworn, certify that the following

information is true:

 

 

 

 

My Occupation:

 

 

 

Employed by: ___________________________

Business Address: ________________________________________________________________

Pay rate: $

 

( ) every week (

) every other week ( ) twice a month ( ) monthly

( ) other: ____________

 

 

 

___ Check here if unemployed and explain on a separate sheet your efforts to find employment.

SECTION I. PRESENT MONTHLY GROSS INCOME:

All amounts must be MONTHLY. See the instructions with this form to figure out money amounts for anything that is NOT paid monthly. Attach more paper, if needed. Items included under “other” should be listed separately with separate dollar amounts.

1.$______ Monthly gross salary or wages

2.______ Monthly bonuses, commissions, allowances, overtime, tips, and similar payments

3._______Monthly business income from sources such as self-employment, partnerships, close corporations, and/or independent contracts (gross receipts minus ordinary and necessary expenses required to produce income) (Attach sheet itemizing such income and expenses.)

4._______Monthly disability benefits/SSI

5._______Monthly Workers’ Compensation

6._______Monthly Unemployment Compensation

7._______Monthly pension, retirement, or annuity payments

8._______Monthly Social Security benefits

9.______ Monthly alimony actually received (Add 9a and 9b)

9a. From this case: $ _______

9b. From other case(s): _______

10._______ Monthly interest and dividends

11._______Monthly rental income (gross receipts minus ordinary and necessary expenses

Florida Family Law Rules of Procedure Form 12.902(b), Family Law Financial Affidavit (Short Form) (01/15)

required to produce income) (Attach sheet itemizing such income and expense items.)

12._______ Monthly income from royalties, trusts, or estates

13._______ Monthly reimbursed expenses and in-kind payments to the extent that they reduce personal living expenses

14._______ Monthly gains derived from dealing in property (not including nonrecurring gains)

15._______ Any other income of a recurring nature (list source) _________________________

16.__________________________________________________________________________

17.$ _______ TOTAL PRESENT MONTHLY GROSS INCOME (Add lines 1–16)

PRESENT MONTHLY DEDUCTIONS:

18.$______Monthly federal, state, and local income tax (corrected for filing status and allowable dependents and income tax liabilities)

a.Filing Status ____________

b.Number of dependents claimed _______

19._______ Monthly FICA or self-employment taxes

20._______ Monthly Medicare payments

21._______ Monthly mandatory union dues

22._______ Monthly mandatory retirement payments

23._______ Monthly health insurance payments (including dental insurance), excluding portion paid for any minor children of this relationship

24._______ Monthly court-ordered child support actually paid for children from another relationship

25._______Monthly court-ordered alimony actually paid (Add 25a and 25b)

25a. from this case: $ _______

25b. from other case(s):$ _______

26.$_______ TOTAL DEDUCTIONS ALLOWABLE UNDER SECTION 61.30, FLORIDA STATUTES (Add lines 18 through 25).

27.$_______ PRESENT NET MONTHLY INCOME (Subtract line 26 from line 17)

Florida Family Law Rules of Procedure Form 12.902(b), Family Law Financial Affidavit (Short Form)(01/15)

SECTION II. AVERAGE MONTHLY EXPENSES

Proposed/Estimated Expenses. If this is a dissolution of marriage case and your expenses as listed below do not reflect what you actually pay currently, you should write “estimate” next to each amount that is estimated.

A. HOUSEHOLD:

 

Mortgage or rent

$ _______

Property taxes

$_______

Utilities

$_______

Telephone

$ _______

Food

$ _______

Meals outside home

$_______

Maintenance/Repairs

$ _______

Other: __________

$_______

B. AUTOMOBILE

 

Gasoline

$ _______

Repairs

$_______

Insurance

$_______

C.CHILD(REN)’S EXPENSES

Day care

$ _______

Lunch money

$_______

Clothing

$ _______

Grooming

$_______

Gifts for holidays

$ _______

Medical/Dental (uninsured)

$ _______

Other: ______________

$ _______

D.INSURANCE Medical/Dental (if not listed on

lines 23 or 45)

$ _______

Child(ren)’s medical/dental

$ _______

Life

$ _______

Other:

 

 

$ _______

E. OTHER EXPENSES NOT LISTED ABOVE

Clothing

$ _______

Medical/Dental (uninsured)

$_______

Grooming

$ _______

Entertainment

$_______

Gifts

$_______

Religious organizations

$_______

Miscellaneous

$_______

Other: ______________

$ _______

____________________

$_______

____________________

$_______

____________________

$_______

____________________

$_______

____________________

$_______

F. PAYMENTS TO CREDITORS

 

CREDITOR:

MONTHLY

 

PAYMENT

____________________

$_______

____________________

$_______

____________________

$_______

____________________

$_______

____________________

$_______

____________________

$_______

____________________

$_______

____________________

$_______

____________________

$_______

____________________

$_______

____________________

$_______

Florida Family Law Rules of Procedure Form 12.902(b), Family Law Financial Affidavit (Short Form) (01/15)

28. $_______ TOTAL MONTHLY EXPENSES (add ALL monthly amounts in A through F above)

SUMMARY

29.$_______ TOTAL PRESENT MONTHLY NET INCOME (from line 27 of SECTION I. INCOME)

30.$_______ TOTAL MONTHLY EXPENSES (from line 28 above)

31.$_______ SURPLUS (If line 29 is more than line 30, subtract line 30 from line 29. This is the amount of your surplus. Enter that amount here.)

32.($_______) (DEFICIT) (If line 30 is more than line 29, subtract line 29 from line 30. This is the amount of your deficit. Enter that amount here.)

SECTION III. ASSETS AND LIABILITIES

Use the nonmarital column only if this is a petition for dissolution of marriage and you believe an item is “nonmarital,” meaning it belongs to only one of you and should not be divided. You should indicate to whom you believe the item(s) or debt belongs. (Typically, you will only use this column if property/debt was owned/owed by one spouse before the marriage. See the “General Information for Self-Represented Litigants” found at the beginning of these forms and section 61.075(1), Florida Statutes, for definitions of “marital” and “nonmarital” assets and liabilities.)

A. ASSETS:

DESCRIPTION OF ITEM(S). List a description of each separate item

Current

Nonmarital

owned by you (and/or your spouse, if this is a petition for dissolution

(check correct

of marriage). LIST ONLY LAST 4 DIGITS OF ACCOUNT NUMBERS. Check

Fair

column)

the line next to any asset(s) which you are requesting the judge

Market

 

 

award to you.

Value

 

 

 

husband

wife

 

 

 

 

Cash (on hand)

$

 

 

 

Cash (in banks or credit unions)

 

 

 

 

Stocks, Bonds, Notes

 

 

 

 

Real estate: (Home)

 

 

 

 

(Other)

 

 

 

 

Automobiles

 

 

 

 

Other personal property

 

 

 

 

Retirement plans (Profit Sharing, Pension, IRA, 401(k)s, etc.)

 

 

 

 

Other

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

____Check here if additional pages are attached.

 

 

 

Total Assets (add next column)

$

 

 

Florida Family Law Rules of Procedure Form 12.902(b), Family Law Financial Affidavit (Short Form) (01/15)

B. LIABILITIES:

DESCRIPTION OF ITEM(S). List a description of each separate debt

Current

Nonmarital

(check correct

owed by you (and/or your spouse, if this is a petition for dissolution

Amount

column)

of marriage). LIST ONLY LAST 4 DIGITS OF ACCOUNT NUMBERS. Check

Owed

the line next to any debt(s) for which you believe you should be

 

 

 

responsible.

 

husband

wife

 

Mortgages on real estate: First mortgage on home

$

 

 

 

Second mortgage on home

 

 

 

 

Other mortgages

 

 

 

 

 

 

 

 

 

Auto loans

 

 

 

 

 

 

 

 

 

Charge/credit card accounts

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

____Check here if additional pages are attached.

 

 

 

Total Debts (add next column)

$

 

 

C. CONTINGENT ASSETS AND LIABILITIES:

INSTRUCTIONS: If you have any POSSIBLE assets (income potential, accrued vacation or sick leave, bonus, inheritance, etc.) or POSSIBLE liabilities (possible lawsuits, future unpaid taxes, contingent tax liabilities, debts assumed by another), you must list them here.

 

 

Contingent Assets

 

Possible

 

Nonmarital

 

 

 

 

 

(check correct

 

Check the line next to any contingent asset(s) which you are requesting the

 

Value

 

column)

 

 

 

 

judge award to you.

 

 

 

husband

wife

 

 

 

 

 

 

 

 

 

$

 

 

 

 

 

 

 

 

 

Total Contingent Assets

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contingent Liabilities

 

 

 

Nonmarital

 

 

 

 

Possible

 

(check correct

 

Check the line next to any contingent debt(s) for which you believe you

 

Amount

 

column)

 

should be responsible.

 

Owed

 

husband

wife

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

 

 

 

 

 

 

 

 

 

Total Contingent Liabilities

$

 

 

 

Florida Family Law Rules of Procedure Form 12.902(b), Family Law Financial Affidavit (Short Form) (01/15)

SECTION IV. CHILD SUPPORT GUIDELINES WORKSHEET

(Florida Family Law Rules of Procedure Form 12.902(e), Child Support Guidelines Worksheet, MUST be filed with the court at or prior to a hearing to establish or modify child support. This requirement cannot be waived by the parties.)

[Check one only]

____ A Child Support Guidelines Worksheet IS or WILL BE filed in this case. This case involves the

establishment or modification of child support.

____ A Child Support Guidelines Worksheet IS NOT being filed in this case. The establishment or

modification of child support is not an issue in this case.

I certify that a copy of this document was [check all used]: ( ) e-mailed ( ) mailed ( ) faxed

( ) hand delivered to the person(s) listed below on {date} ________________________________.

Other party or his/her attorney:

Name: _____________________________

Address: ____________________________

City, State, Zip: _______________________

Fax Number: _________________________

E-mail Address(es): _____________________

I understand that I am swearing or affirming under oath to the truthfulness of the claims made in this affidavit and that the punishment for knowingly making a false statement includes fines and/or imprisonment.

Dated:

Signature of Party

Printed Name: ________________________________

Address: ___________________________________

City, State, Zip: ______________________________

Fax Number: ________________________________

E-mail Address(es): ____________________________

STATE OF FLORIDA

COUNTY OF

Sworn to or affirmed and signed before me on

 

 

by

 

.

 

 

 

________________________________

 

 

 

 

 

NOTARY PUBLIC or DEPUTY CLERK

 

 

 

 

________________________________

 

 

 

 

 

[Print, type, or stamp commissioned

 

 

 

 

 

name of notary or deputy clerk.]

 

____ Personally known

 

 

 

 

____ Produced identification

 

 

 

 

Type of identification produced

 

 

 

 

 

Florida Family Law Rules of Procedure Form 12.902(b), Family Law Financial Affidavit (Short Form) (01/15)

IF A NONLAWYER HELPED YOU FILL OUT THIS FORM, HE/SHE MUST FILL IN THE BLANKS BELOW:

[fill in all blanks] This form was prepared for the: {choose only one} (

) Petitioner ( ) Respondent

This form was completed with the assistance of:

 

 

{name of individual}

 

 

,

{name of business} ___________________________________________________________________,

 

{address}

________________________________,

{city}

 

________,{state} ________ {telephone number}

.

 

 

 

 

 

 

Florida Family Law Rules of Procedure Form 12.902(b), Family Law Financial Affidavit (Short Form) (01/15)