The Affidavit of Means is a fundamental legal document within the Nigerian legal system, primarily used when a court needs to assess an individual's financial capacity or status. This sworn statement is commonly required in various legal proceedings, including divorce cases, child support matters, debt recovery proceedings, and bankruptcy cases. The document provides a comprehensive overview of the deponent's financial situation, including all sources of income, regular expenses, assets, liabilities, and financial obligations. Under Nigerian law, the Affidavit of Means must be sworn before a Commissioner for Oaths or other authorized official, and false declarations can result in serious legal consequences. The document plays a crucial role in helping courts make informed decisions about financial matters and ensures transparency in legal proceedings involving financial assessments.
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1. Title and Heading: States 'Affidavit of Means' and the relevant court details
2. Deponent Information: Personal details including full name, address, occupation, and relationship to the legal matter
3. Oath Declaration: Standard declaration that the information is true and accurate
4. Employment Status: Current employment situation, including employer details and position
5. Income Details: Comprehensive breakdown of all sources of income including salary, investments, and other revenue streams
6. Regular Monthly Expenses: Detailed list of monthly expenditures including utilities, rent/mortgage, food, etc.
7. Assets: List of all owned assets including property, vehicles, investments, and bank accounts
8. Liabilities: All debts and financial obligations including loans, mortgages, and credit cards
9. Dependents: Information about individuals financially dependent on the deponent
10. Jurat: Formal closing, including date and location of sworn statement, with commissioner for oaths' details
1. Business Interests: Details of any business ownership or partnerships - included when the deponent has business interests
2. Future Income Expectations: Information about anticipated changes in income - included when relevant changes are expected
3. Medical Expenses: Regular medical costs - included when there are significant ongoing medical expenses
4. Educational Expenses: School fees and related costs - included when there are dependents in education
5. Support Payments: Details of any maintenance or support payments being made - included in divorce or family cases
6. Inheritance Prospects: Information about expected inheritances - included when relevant to financial status
1. Schedule A - Income Documentation: Copies of pay slips, tax returns, and other income verification documents
2. Schedule B - Asset Documentation: Property titles, vehicle registration, investment statements
3. Schedule C - Bank Statements: Recent statements from all bank accounts
4. Schedule D - Expense Receipts: Supporting documentation for major regular expenses
5. Schedule E - Debt Documentation: Loan agreements, credit card statements, and other liability proof
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