Financial Affidavit Form Template for Singapore

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Key Requirements PROMPT example:

Financial Affidavit Form

"I need a Financial Affidavit Form for my divorce proceedings in Singapore, focusing on declaring my business assets, including three private companies, and detailing monthly support payments for two dependent children."

Document background

The Financial Affidavit Form is a crucial document in Singapore's legal system, required whenever comprehensive financial disclosure is necessary for legal proceedings. This document provides a detailed snapshot of an individual's entire financial position, including all sources of income, assets, liabilities, and regular expenses. It is commonly used in divorce proceedings, bankruptcy cases, debt restructuring, and other court matters requiring financial transparency. The form must be completed truthfully and accurately, as false declarations can result in legal penalties under Singapore law.

Suggested Sections

1. Personal Information: Declarant's full name, NRIC/FIN, address, and occupation

2. Declaration Statement: Formal statement confirming truth of contents under oath

3. Income Details: Current employment, salary, and all sources of income

4. Assets Declaration: List of all owned properties, vehicles, investments, and bank accounts

5. Liabilities Statement: All debts, loans, and financial obligations

Optional Sections

1. Business Interests: Details of business ownership/shareholdings (if applicable)

2. Matrimonial Assets: For divorce proceedings - details of joint assets

3. Dependent Information: Details of dependents and related financial obligations

4. Foreign Assets: Declaration of overseas properties or investments

Suggested Schedules

1. Schedule A - Income Documentation: Salary slips, tax returns, CPF statements

2. Schedule B - Asset Proof: Property titles, vehicle registration, investment statements

3. Schedule C - Bank Statements: Recent statements from all bank accounts

4. Schedule D - Liability Documentation: Loan agreements, credit card statements, other debt evidence

Authors

Alex Denne

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Legal Services
Financial Services
Public Sector
Family Services

Relevant Teams

Legal
Finance
Compliance
Corporate Secretariat
Risk Management

Relevant Roles

Chief Financial Officer
Company Director
Legal Counsel
Financial Controller
Compliance Officer

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Let's create your Financial Affidavit Form

Authors

Alex Denne

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