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Financial Affidavit Family Court for Canada

Financial Affidavit Family Court Template for Canada

A Financial Affidavit is a sworn legal document used in Canadian family court proceedings that provides a comprehensive disclosure of an individual's financial situation. This document, required by Canadian federal and provincial family courts, contains detailed information about the deponent's income, expenses, assets, liabilities, and overall net worth. It serves as a foundational document in family law matters such as divorce, child support, spousal support, and property division proceedings. The affidavit must comply with specific provincial court rules and federal guidelines, and requires supporting documentation to verify all financial claims made within it.

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Financial Affidavit Family Court

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What is a Financial Affidavit Family Court?

The Financial Affidavit Family Court document is a mandatory filing in Canadian family law proceedings where financial matters are at issue. It is required when parties are seeking orders related to child support, spousal support, property division, or other financial relief. The document must provide a thorough and accurate picture of the deponent's financial situation, including all sources of income, monthly expenses, assets, and debts. Supporting documentation such as tax returns, pay stubs, bank statements, and property valuations must be attached as schedules. The affidavit must be sworn or affirmed before a commissioner of oaths, making it a formal court document with serious legal implications for false or incomplete information. This document is governed by both federal legislation (such as the Divorce Act) and provincial family law rules, with specific requirements varying by province.

What sections should be included in a Financial Affidavit Family Court?

1. Court Information and Identification: Court file number, court location, names of parties, and case details

2. Personal Information: Deponent's full name, address, occupation, employer details, and relationship to the case

3. Income Declaration: Current employment income, government benefits, pension income, and other sources of income with supporting documentation

4. Monthly Expenses: Detailed breakdown of household expenses, personal expenses, and dependent-related costs

5. Assets: Complete listing of all assets including real estate, vehicles, bank accounts, investments, and personal property

6. Debts and Liabilities: All outstanding debts including mortgages, loans, credit cards, and other financial obligations

7. Summary of Net Worth: Calculation of total assets minus total liabilities

8. Declaration and Oath: Sworn statement confirming the accuracy and completeness of the information provided

What sections are optional to include in a Financial Affidavit Family Court?

1. Business Interests: Required when the deponent owns or has interest in a business, including financial statements and ownership details

2. Trust Interests: Required when the deponent is a beneficiary or trustee of any trusts

3. Investment Portfolio Details: Required for complex investment holdings beyond basic savings and retirement accounts

4. Cryptocurrency Holdings: Required when the deponent owns digital assets or cryptocurrencies

5. Previous Year Comparison: Required when there have been significant changes in financial situation from the previous year

6. Anticipated Changes: Required when known future changes to income or expenses are expected

7. Special Expenses: Required for claims involving extraordinary expenses for children or medical needs

What schedules should be included in a Financial Affidavit Family Court?

1. Schedule A - Income Documentation: Pay stubs, T4 slips, tax returns, and notices of assessment for the past three years

2. Schedule B - Bank Statements: Last six months of statements for all bank accounts

3. Schedule C - Credit Card Statements: Last three months of all credit card statements

4. Schedule D - Property Valuations: Recent appraisals or valuations for real estate and significant assets

5. Schedule E - Business Documents: Financial statements, corporate tax returns, and ownership documentation for business interests

6. Schedule F - Investment Statements: Recent statements for all investment and retirement accounts

7. Schedule G - Debt Documentation: Current statements for all loans, mortgages, and other debts

8. Schedule H - Expense Receipts: Supporting documentation for claimed expenses

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Canada

Document Type

Affidavit

Cost

Free to use
Relevant legal definitions














































Clauses































Relevant Industries

Legal Services

Financial Services

Professional Services

Court Services

Public Sector

Banking

Insurance

Accounting

Family Services

Relevant Teams

Legal

Finance

Litigation Support

Document Processing

Court Administration

Client Services

Compliance

Administrative Support

Family Law Practice

Dispute Resolution

Relevant Roles

Family Law Attorney

Legal Assistant

Paralegal

Court Clerk

Financial Advisor

Accountant

Family Court Judge

Legal Secretary

Commissioner of Oaths

Family Law Mediator

Financial Analyst

Family Court Administrator

Legal Document Specialist

Divorce Financial Analyst

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