This Financial Affidavit form is needed in order to notify the Court of both parties' financial status. This information is then used to determine an equitable distribution of all marital property.
Now, submit the document online or print it. If you feel uncertain about your New Hampshire Financial Affidavit form, speak to a attorney to examine it before you send out or file it. Begin without hassles!
Both spouses live in New Hampshire. The spouse initiating the separation has lived in New Hampshire for at least one year. The spouse initiating the separation lives in New Hampshire and their partner can be served in New Hampshire.
Fair market value example If given a gift of stock, the fair market value of that stock on the day you received it will determine the taxes you pay when it is sold. The calculations for most property taxes are based on fair market value. Insurance claims on any asset are based on fair market value, at least in part.
In its simplest sense, fair market value (FMV) is the price that an asset would sell for on the open market.
The procedure is straightforward. A claim may be filed either in the district court where the plaintiff lives, where the defendant lives, or where the legal wrong arose. The small claim is filed with the district or municipal court clerk.
What Is a Financial Affidavit? A financial affidavit, which has different names in each state, is a statement showing your income, expenses, debts and assets. It allows a court to figure out how much spousal support and child support it should award.
Cost or selling price. If the item has been recently bought or sold, that can be a good indicator of its fair market value. Sales of comparable assets. Replacement cost. Expert opinion.
What Is a Financial Affidavit? A financial affidavit, which has different names in each state, is a statement showing your income, expenses, debts and assets. It allows a court to figure out how much spousal support and child support it should award.