Affidavit Of Financial Information

Affidavit Of Financial Information Template for Singapore

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Key Requirements PROMPT example:

"I need an Affidavit of Financial Information for Singapore family court proceedings by March 2025, focusing on my property investments in Singapore and Malaysia, and including details about my three dependent children."

Document background

The Affidavit of Financial Information is a crucial document in Singapore's legal system, primarily used when detailed financial disclosure is required by courts or authorities. It serves as a sworn statement that provides a complete picture of an individual's financial situation, including assets, liabilities, income sources, and regular expenses. This document is particularly important in divorce proceedings, maintenance applications, bankruptcy cases, and other legal matters where financial transparency is essential. The affidavit must be prepared in accordance with Singapore's legal requirements and sworn before a Commissioner for Oaths, making it a formal legal document with serious implications for false declarations.

Suggested Sections

1. Personal Information: Deponent's full name, NRIC/passport number, address, and occupation

2. Declaration of Truth: Standard declaration that all information provided is true and accurate

3. Employment Information: Current employment status, employer details, and income information

4. Assets Declaration: List of all assets including property, vehicles, investments, and bank accounts

5. Liabilities Declaration: All debts, loans, and financial obligations

6. Monthly Income Statement: Detailed breakdown of all sources of income

7. Monthly Expense Statement: Detailed breakdown of all regular expenses

Optional Sections

1. Business Interests: Details of business ownership or shares, to be included when deponent has business interests

2. Dependent Information: Details of dependents and related financial obligations, to be included when deponent has dependents

3. Insurance Policies: Details of life, health, or other insurance policies, to be included when deponent holds insurance policies

4. Anticipated Changes: Declaration of expected changes in financial situation, to be included when relevant future changes are known

Suggested Schedules

1. Bank Statements: Recent statements from all bank accounts

2. Salary Statements: Recent payslips or salary documentation

3. Property Valuations: Recent valuations of declared properties

4. Tax Returns: Recent tax returns and assessments

5. Supporting Documents: Any additional documentation supporting financial claims

Authors

Alex Denne

Head of Growth (Open Source Law) @ ��Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

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Authors

Alex Denne

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