The Affidavit of Assets is a critical legal document within the Australian jurisdiction that serves as a formal declaration of an individual's complete financial position. This sworn statement is required in various legal contexts, including family law proceedings, bankruptcy cases, estate matters, and other situations where comprehensive asset disclosure is necessary. The document must detail all assets, liabilities, and financial interests of the deponent, including real estate, bank accounts, investments, personal property, and business interests. The affidavit must be sworn or affirmed before an authorized witness, typically a Justice of the Peace or legal practitioner, and carries serious legal consequences for false declarations. It plays a vital role in ensuring transparency and facilitating informed decision-making in legal proceedings where financial matters are relevant.
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1. Deponent Details: Full legal name, occupation, and residential address of the person making the affidavit
2. Purpose Declaration: Statement explaining the purpose for which the affidavit is being made
3. Real Estate: Details of all real property owned wholly or partially, including addresses, title references, and estimated market values
4. Bank Accounts: List of all bank accounts, including account numbers, financial institutions, current balances, and account holders
5. Vehicles and Vessels: Details of all motor vehicles, boats, and other transport vessels owned, including registration numbers and estimated values
6. Personal Effects: List of valuable personal items including jewelry, artwork, collections, and other significant personal property
7. Investments: Details of shares, bonds, mutual funds, and other financial investments
8. Superannuation: Information about all superannuation accounts and their current balances
9. Liabilities: List of all debts, loans, mortgages, and other financial obligations
10. Declaration of Truth: Formal declaration that the information provided is true and correct to the best of the deponent's knowledge
1. Business Interests: Details of any business ownership, partnerships, or company shareholdings - included when the deponent has business interests
2. Trust Interests: Information about any trusts where the deponent is a trustee or beneficiary - included when trust arrangements exist
3. Overseas Assets: Details of any assets held outside Australia - included when foreign assets exist
4. Pending Transactions: Information about any incomplete property or business transactions - included when relevant pending deals exist
5. Insurance Policies: Details of life insurance or other significant insurance policies - included when policies have substantial value
6. Cryptocurrency Holdings: Information about digital currency holdings - included when the deponent owns cryptocurrency
7. Intellectual Property: Details of patents, trademarks, or other intellectual property - included when IP assets exist
1. Schedule A - Property Valuations: Professional valuations of real estate and significant assets
2. Schedule B - Bank Statements: Recent statements for all bank accounts listed in the affidavit
3. Schedule C - Vehicle Registration Documents: Copies of registration papers for all vehicles listed
4. Schedule D - Investment Certificates: Share certificates, investment statements, and related documentation
5. Schedule E - Business Financial Statements: Recent financial statements for any business interests
6. Schedule F - Property Title Documents: Copies of property titles or similar ownership documentation
7. Schedule G - Loan Documentation: Copies of loan agreements and current statements for all liabilities
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