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Financial Disclosure Affidavit Template for United States

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Key Requirements PROMPT example:

Financial Disclosure Affidavit

"I need a Financial Disclosure Affidavit for a bankruptcy filing in California, which should include detailed information about my business assets, personal investments, and outstanding loans, to be submitted by March 15, 2025."

Document background

The Financial Disclosure Affidavit serves as a critical tool for ensuring financial transparency and accountability in various legal and regulatory contexts within the United States. This document is required when detailed financial information needs to be officially disclosed and verified under oath, such as in bankruptcy proceedings, divorce cases, government appointments, or regulatory compliance matters. It includes comprehensive information about assets, liabilities, income sources, investments, and business interests. The affidavit must comply with relevant federal laws such as the Ethics in Government Act and state-specific requirements, and typically requires notarization to be legally valid.

Suggested Sections

1. Affiant Information: Personal/entity identification details of person making disclosure

2. Purpose Statement: Statement explaining reason for financial disclosure

3. Declaration of Truth: Statement affirming information provided is true and complete

4. Assets Declaration: Comprehensive list of all assets owned

5. Liabilities Declaration: List of all debts and financial obligations

6. Income Statement: Declaration of all sources of income

7. Verification: Notarization and signature section

Optional Sections

1. Business Interests: Details of business ownership/interests - include when affiant has business holdings

2. Investment Portfolio: Detailed investment holdings - include when significant investment assets exist

3. Spousal/Dependent Information: Financial information of related parties - include when required by specific jurisdiction or purpose

Suggested Schedules

1. Schedule A - Property Details: Detailed listing of real estate holdings

2. Schedule B - Investment Details: Detailed breakdown of investment holdings

3. Schedule C - Business Interests: Detailed information about business ownership

4. Schedule D - Income Sources: Detailed breakdown of income sources

5. Appendix 1 - Supporting Documents: List of attached supporting documentation

Authors

Alex Denne

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

Clauses


























Industries

Ethics in Government Act 1978: Federal law establishing financial disclosure requirements for federal government officials and employees

False Statements Act (18 U.S.C. ยง 1001): Federal law that criminalizes knowingly making false statements in matters of federal jurisdiction

Financial Disclosure Requirements (5 U.S.C. App. ยงยง 101-111): Federal statutory provisions detailing specific financial disclosure obligations and procedures

Sarbanes-Oxley Act 2002: Federal law governing corporate financial disclosure and accountability, particularly relevant for public companies

State Financial Disclosure Laws: State-specific requirements for financial disclosure that vary by jurisdiction

State Perjury Laws: State-specific laws governing false statements under oath or in official documents

SEC Regulations: Federal securities regulations governing financial disclosures for public companies and securities transactions

FINRA Requirements: Financial Industry Regulatory Authority rules governing financial services professionals and firms

IRS Regulations: Federal tax regulations regarding financial reporting and disclosure requirements

U.S. Bankruptcy Code: Federal laws governing financial disclosure requirements in bankruptcy proceedings

State Family Law: State-specific laws governing financial disclosure requirements in divorce and family law matters

Banking Regulations: Federal and state banking laws governing financial disclosure in lending and banking transactions

Gramm-Leach-Bliley Act: Federal law governing privacy of consumer financial information and disclosure requirements for financial institutions

State Privacy Laws: State-specific laws governing the protection and disclosure of private financial information

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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