Preparing Your Income and Expense Declaration

by keith on July 19, 2013

Income and Expense Declaration is Critical to get Right

As the family courts are court of justice and equity, they place a high value on the fair dealing of the parties. Thus, they require the parties to make full and complete disclosure of their assets and debts, and financial status. Part of that disclosure constitutes preparing an Income and Expense Declaration. The Income and Expense Declaration is necessary for the courts to make any rulings related to child and spousal support, as well as any rulings related to the allocation of fees in the divorce proceedings, i.e. attorney’s fees, evaluator’s fees, and case costs. Take care when preparing your income and expense declaration!

When in doubt, get help from a Lawyer

Income and Expense Declarations should be completed with care and attention to detail. A mistake on the declaration could be used to discredit and impeach the party that prepared the declaration. Thus, it is important to fully and accurately disclose your information on the form.

Never leave and fields blank

You should not omit any applicable fields on the form. For example, if you had overtime income last month but you never had overtime income prior to last month, and you do not anticipate having overtime income again in the future, you should still disclose that overtime income on page 2, section 5 of the declaration. The same goes to completing the remaining sections of the form – it would be better to fully disclose your information to the court in the declaration then have to explain an omission to the court at your hearing date.

Careful about expenses!

You should take care when listing your expenses on page 3 as well. If you are not certain as to the exact amount of your expenses, you should check the box indicated that the disclosed amounts are for “estimated expenses.” You may also complete a second copy of page 3 and submit it to the court with the box “proposed needs” checked, where you may let the court know what your reasonable expenses would be in the future.


Vincent W. Davis Open 8 am - 8 pm Monday to Friday

Call Us Now! (888) 506-6810

Email: vince.davis@laimmigrationlawyers.net

Nine Convenient Offices:

Arcadia, Beverly Hills, La Mirada, Los Angeles, Irvine, Ontario, Riverside, Long Beach, Woodland Hills

Click Here For A Consultation
We speak English • Se habla español • Мы Говорим по-Русски • We speak Chinese • We speak Vietnamese Schedule a consultation • Flexible appointments

Arcadia Office
150 N. Santa Anita Ave,
Suite 200
Arcadia, CA 91006
Phone: (626) 446-6442
Fax: (626)-446-6454


Beverly Hills Office
9465 Wilshire Blvd.
Suite 300
Beverly Hills, CA 90212
Phone: (310)-880-5733


La Mirada Office
Cerritos Towne Center
17777 Center Court Drive ,
Suite 600
Cerritos, California, 90703
Phone: 888-888-6542


Los Angeles Office
Gas Company Tower
555 West Fifth Street,
31st Floor
Los Angeles, California, 90013
Phone: (213)-400-4132


Long Beach Office
Landmark Square
111 West Ocean Blvd.,
Suite 400
Long beach, California, 90802


Irvine Office
Oracle Tower
17901 Von Karman Avenue,
Suite 600
Irvine, California, 92614
Phone: (949)-203-3971
Fax: (949)-203-3972


Ontario Office
Lakeshore Center
3281 E. Guasti Road,
7th Floor
City of Ontario, California, 91761
Phone:(909)-996-5644


Riverside Office
Turner Riverwalk
11801 Pierce Street,
Suite 200
Riverside, California, 92505
Phone: (909)-996-5644


San Diego
Emerald Plaza
402 West Broadway,
Suite #400
San Diego, California, 92101
Phone: (619)-885-2070


Aliso Viejo
Ladera Corporate Terrace
999 Corporate Drive,
Suite 100
Ladera Ranch, California, 92694
Phone: (714) 721-3822


OFFICE HOURS:
Monday - Friday 9:00 am to 7:00 pm.
TELEPHONE HOURS:
We attempt to connect you with an Immigration Attorney up to 10 PM ~ 7 Days a Week!

Law Offices of: Vincent W. Davis, Esq.

"The Experience You NEED ▪ The Dedication You DESERVE"

Contact Page & Map to Office

Los Angeles • Los Angeles County • Orange County • Riverside County • Ventura County • San Bernardino County • & Surrounding Communities of Southern California

Previous post:

Next post: