OTHER NAMES
Financial Support Affidavit
What is an Affidavit of Financial Support?
An Affidavit of Financial Support is a legal document that can be used to legally confirm one's financial situation. In some court cases or business transactions, you'll need to provide information about your finances. Also called a Financial Affidavit of Support, this document allows you to detail your income, expenses, assets, and debts for the record. In your Affidavit, you'll want to cover information like: the name of the affiant (that is, the person making the affidavit); a list of all sources of income; the name of the affiant's employer, and if unemployed, what efforts the affiant has made to find employment; the monthly deductions from the affiant's salary or wages (for example: Medicare payments, income taxes, child support, health insurance, and retirement contributions); the average monthly household expenses; any debts owed by the affiant; and a list of assets that the affiant owns or has some interest in.
When to use an Affidavit of Financial Support:
- A court or business has request confirmation of your financial situation.