![]() ![]() Don’t forget to designate separate property.Discuss with your attorney or review 35.1 for a complete list of all documentation that is needed if applicable to you. Three years of tax returns, current statements of bank accounts, current statements of retirement accounts, and current credit card (or other loan) statements are typically needed in each case. You will need to provide all documentation that is applicable to your case. Make sure to properly explain if expenses listed are anticipated and not current. Also, if you are separated from your spouse you are divorcing, include only expenses you are actually paying for and/or what you may be paying in the near future. Again, if you are remarried, you do not disclose your new spouses expenses, just your own. The income of a new spouse does not need to be disclosed on your sworn financial statement. For example, if your payment for health insurance comes out of you paycheck, include this information under monthly deductions from your income, and not also as a health insurance expense in a later section. Only include expenses in one section of the sworn financial statement, not multiple sections for the same expense. It may make it easier if you take several months of bank statements and average out all expenses. The Court looks at expenses when allocating maintenance and occasionally when allocating debts/assets, so make sure to give the court an accurate look at your full financial picture. Think carefully about all expenses you have and be sure to document everything. One sure way to lose credibility with the court would be to not disclose something properly. If you are not sure if something should be included or not, it is a good rule of thumb, is to include and explain everything. This includes rent, bonuses, commissions, retirement, pensions, maintenance received from a previous marriage, etc. If a person gets paid bi-weekly, make sure to multiple your income on your pay stub by 26, not 24, and divide by 12 to get your average monthly income. One common mistake people make is not realizing whether they get paid bi-monthly or bi-weekly. ![]() When filling out the affidavit, be sure to include all your income correctly, including any bonuses and commissions. Below are ten tips to make the process a little smoother: Filling out the Sworn Financial Statement can be one of the most complicated parts of the divorce process in Colorado.
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