A financial disclosure is a comprehensive document that provides a detailed overview of an individual’s or entity’s financial situation. The contents of a financial disclosure can vary based on the specific context and legal requirements, but here are the key components that should generally be included:
• Personal Information
• Income
• Assets
• Liabilities
• Bank and Investment Accounts
• Spousal and Child Support
• Other Financial Obligations
• Disclosure Affidavit
Typically, a financial disclosure is required in legal proceedings, such as divorce cases, business disputes, or court matters, to ensure transparency and accuracy in financial matters.