WHEN SHOULD I FILL OUT THE NET WORTH STATEMENT?
Many individuals going through divorce in Florida report that filling out the Family Law Financial Affidavit can feel overwhelming. And that’s completely normal. Most people don’t have an up-to-date list of every monthly expense, the current value of their retirement and investment accounts, or the total amount of their outstanding debts.
That’s why it’s essential to start working on the affidavit as early as possible. In Florida, this document is required in nearly every divorce case—whether contested or uncontested—and must be exchanged with the other party within 45 days of being served with the divorce petition. Being prepared can help prevent costly delays, especially if you plan to attend mediation or court hearings for temporary support or custody.
Who Can Help You Fill Out the Florida Financial Affidavit?
Because this is a sworn legal document that becomes part of your court record, many people choose to get help from:
- An attorney or legal assistant, especially if their financial situation is complex
- Financial affidavit specialists who focus specifically on helping clients complete the form—though they do not provide legal advice, they can help you complete it accurately, quickly, and affordably
Regardless of who helps you, your attorney will need to review the completed form in detail before it is submitted. Getting this step right is critical to making sound legal and financial decisions during your divorce.
What to Do Before Filling Out Your Florida Financial Affidavit
First of all—take a deep breath. This is a step-by-step process, and you don’t have to gather everything at once. But starting early will reduce stress and improve accuracy.
Gather Your Financial Documents
To complete your Florida Financial Affidavit (Form 12.902(b) or 12.902(c)), collect the following records:
Income & Deduction Information
- Recent pay stubs (last 3 months)
- Federal tax returns (past 2–3 years)
- W-2s, 1099s, or profit & loss statements (for self-employed individuals)
Assets
- Real estate documents (mortgages, deeds)
- Vehicle titles and estimated value
- Bank statements (checking, savings, money markets)
- Investment and brokerage account summaries
- Retirement accounts (401(k), IRA, pensions)
- Business records, if self-employed
Household & Monthly Expenses
- Rent or mortgage statements
- Utility bills (electric, water, gas, internet)
- Insurance payments (health, auto, home)
- Medical, childcare, transportation, and other living expenses
Debts & Liabilities
- Credit card statements
- Student loan and personal loan documents
- Car loan and lease agreements
- Installment payment plans or debt settlement agreements
Why This Matters
Having your documents organized before you start makes the entire process smoother and more accurate. This can reduce legal fees, avoid conflicts with your spouse over incorrect information, and ensure that your case moves forward without delays.
Whether you’re using mediation, collaborative divorce, or going to trial, the Florida Family Law Financial Affidavit is one of the most important documents in your case. Completing it properly—and on time—sets the stage for fair negotiations and informed decisions.
