New Hampshire Financial Affidavit

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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.

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FAQ

How do I file for legal separation in NH?

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.

What does FMV mean in finance?

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.

What does FMV mean on a financial affidavit?

In its simplest sense, fair market value (FMV) is the price that an asset would sell for on the open market.

How do I file a small claim in NH?

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.

How do I fill out a financial affidavit in NH?

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.

How do you determine fair market value?

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 used for?

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.