The Affidavit of Assets is a crucial legal instrument in Hong Kong's legal framework, commonly required in various legal and financial contexts. This document is typically needed when a complete disclosure of financial position is required, such as in divorce proceedings, probate applications, bankruptcy cases, or court-ordered asset disclosures. The affidavit must comply with Hong Kong's legal requirements, particularly the Oaths and Declarations Ordinance (Cap. 11) and relevant court rules. It includes detailed information about real estate, bank accounts, investments, business interests, personal property, and liabilities. As a sworn statement, it carries serious legal implications for false declarations, requiring careful preparation and often professional legal assistance. The document's format and content may vary depending on its specific purpose and the requirements of the relevant authority or court.
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1. Title and Court Details: Specifies the court jurisdiction, case number if applicable, and title of the document
2. Deponent Information: Full name, address, and occupation of the person making the affidavit
3. Preliminary Declaration: Formal statement of oath and confirmation of the deponent's capacity to make the declaration
4. Purpose of Affidavit: States the reason for preparing the affidavit (e.g., divorce proceedings, estate matters, court requirement)
5. Real Property: Details of all real estate owned, including addresses, ownership type, and estimated market value
6. Bank Accounts and Cash: List of all bank accounts, cash holdings, and current balances
7. Investments: Details of stocks, bonds, mutual funds, and other financial investments
8. Vehicles and Vessels: Information about cars, boats, or other vehicles owned
9. Personal Property: Valuable personal items such as jewelry, artwork, collectibles
10. Business Interests: Details of any business ownership, shares, or partnerships
11. Debts and Liabilities: List of all outstanding debts, mortgages, and other financial obligations
12. Verification Statement: Final declaration confirming the truth and completeness of the information provided
13. Execution Block: Space for signature, date, and notary/commissioner for oaths details
1. Foreign Assets: Section for declaring assets held outside Hong Kong, used when the deponent has international holdings
2. Trust Interests: Details of any trust funds where the deponent is a beneficiary or trustee, included when applicable
3. Pension and Retirement Accounts: Information about retirement savings and pension plans, included for comprehensive financial disclosure
4. Insurance Policies: Details of life insurance, investment-linked policies, or other insurance products with cash value
5. Intellectual Property: Section for declaring patents, trademarks, copyrights, or other intellectual property rights
6. Contingent Interests: Description of future or conditional interests in property or assets
7. Recent Disposals: Details of assets disposed of within a relevant period, if required by the context
8. Income Sources: Regular income streams and their sources, included when ongoing financial capacity is relevant
1. Schedule A - Real Property Details: Detailed breakdown of each property including title deeds, mortgages, and valuation reports
2. Schedule B - Bank Account Statements: Recent statements from all declared bank accounts
3. Schedule C - Investment Portfolio: Detailed listing of all investments with current market valuations
4. Schedule D - Vehicle Registration Documents: Copies of registration papers and insurance documents for declared vehicles
5. Schedule E - Business Valuations: Professional valuations or financial statements for business interests
6. Schedule F - Personal Property Valuations: Professional appraisals for valuable personal items
7. Appendix 1 - Supporting Documents: Copies of relevant certificates, title documents, and other supporting evidence
8. Appendix 2 - Valuation Certificates: Professional valuation certificates for major assets
9. Appendix 3 - Trust Documents: Copies of trust deeds or relevant trust documentation where applicable
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