Printable Indiana Financial Form
Indiana Financial Sample
FINANCIAL DECLARATION FORM
STATE OF INDIANA: CIRCUIT AND SUPERIOR COURTS
OF PORTER COUNTY
IN RE THE MARRIAGE OF: |
Cause Number: |
Petitioner,
And
Respondent
In accordance with Local Rule 18 of the Porter Superior Court and Indiana Trial Rules 26, 33, 34, 35 and 37, the undersigned, Petitioner or Respondent, hereby submits the following
VERIFIED FINANCIAL DISCLOSURE STATEMENT:
FINANCIAL DECLARATION OF |
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Dated: |
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I. PRELIMINARY INFORMATION: |
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Husband: |
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Wife: |
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Address: |
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Address: |
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Soc. Sec. No.: |
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Soc. Sec No.: |
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Badge/Payroll No.: |
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Badge/Payroll No.: |
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Occupation: |
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Occupation: |
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Employer: |
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Employer: |
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Birth Date: |
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Birth Date: |
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Date of Marriage: |
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Date of Physical Separation: |
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Date of Filing: |
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Children: |
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Name: |
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Age: |
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DOB: |
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SSN: |
Name: |
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Age: |
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DOB: |
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SSN: |
Name: |
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DOB: |
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1
II. HEALTH INSURANCE INFORMATION:
Name and Address of health care insurance company:
Name all persons covered under plan(s):
Weekly cost of total health insurance premium:
Weekly cost of health insurance premium for children only:
Name of the children’s health care providers:
The names of the schools and grade level for each child are:
List any extraordinary health care concerns of any family member:
List any educational concerns of any family member:
III.INCOME INFORMATION:
A.EMPLOYMENT HISTORY:
Current Employer:
Address:
Telephone No.: |
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Length of Employment: |
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Job Description: |
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Gross Income: |
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Per week |
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Per month |
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Yearly |
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Net Income: |
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Per week |
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Per month |
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Yearly |
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B.EMPLOYMENT HISTORY FOR LAST 5 YEARS:
Employer |
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Dates of Employment |
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Compensation (per wk/mo/yr) |
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C.INCOME SUMMARY:
1.GROSS WEEKLY INCOME from: Salary and wages, including commissions, bonuses, allowances, and
Note: If paid monthly, determine weekly income by dividing monthly income by 4.3
Pensions & Retirement
Social Security
Disability and unemployment insurance
Public Assistance (welfare, AFDC payments, etc.)
Food Stamps
Child supports received for any child(ren) not both of the parties to this marriage
Dividends and Interest
Rents received
All other sources (specify)
TOTAL GROSS WEEKLY INCOME
2.ITEMIZED WEEKLY DEDUCTIONS: from gross income
State and Federal Income Taxes:
Social Security & Medicare Taxes:
Medical Insurance |
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Coverage: |
Health |
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Dental |
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Eye Care |
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Psychiatric |
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Union or other dues:
Retirement:
Pension fund: Mandatory ( )Optional ( )
Profit sharing: Mandatory ( )Optional( )
401(K): Mandatory ( ) Optional ( )
SEP: Mandatory ( ) Optional ( )
ESOP: Mandatory ( ) Optional ( )
IRA: Mandatory ( ) Optional ( )
403 B: Mandatory ( ) Optional ( )
Child Support withheld from pay (not including this case)
Garnishments (itemize on separate sheet)
Credit Union debts
Direct Withdrawals Out of Paychecks:
Car Payments
Life Insurance
Disability Insurance
Thrift plans
Credit Union Savings
Bonds
Donations
Other (specify)
Other (specify)
TOTAL WEEKLY DEDUCTIONS:
3. WEEKLY DISPOSABLE INCOME:
(A minus B: Subtract Total Weekly Deduction from Total Weekly Gross Income)
IN ALL CASES INVOLVING CHILD SUPPORT: Prepare and attach an Indiana Child Support Guideline Worksheet (with documentation verifying your income); or, supplement with such a Worksheet within ten (10) days of the exchange of this Form.
IV. MONTHLY LIVING EXPENSES:
House
1.Rent (Mortgage)
2.2nd Mortgage
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3.Line of Credit
4.Gas/Electric
5.Telephone
6.Water
7.Sewer
8.Sanitation (garbage)
9.Cable
10.Satellite
11.Internet
12.Taxes (real estate – if not included in mortgage payment
13.Insurance (house – if not included in mortgage payment)
14.Lawn Care/Snow Removal
Groceries
1.Food
2.Toiletries
3.Cleaning Products
4.Paper Products
Clothing
1.Clothes
2.Shoes
3.Uniforms
Health Care
1.Health Insurance not deducted from pay
2.Dental Insurance not deducted from pay
3.Doctor visits
4.Dental visits
5.Prescription Pharmaceutical
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7.Glass/contact lenses
8.Other
Car & Travel
1.Car Payment
2.Gasoline
3.Oil/Maintenance
4.Insurance (car)
5.Car Wash
6.Tolls
7.Train/Bus
8.Parking Lot Fees
9.License Plates
Beauty Care
1.Hair Dress/Barber
2.Cosmetics
School Needs
1.Lunches
2.Books
3.Tuition/Registration
4.Uniforms
5.School Supplies
6.
Infant Care
1.Diapers
2.Baby Food
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Miscellaneous
1.Church Donations
2.Charitable Donations
3.Life Insurance
4.Babysitter
5.Newspapers & Magazines
6.Cigarettes
7.Dry Cleaning
8.Entertainment
9.Cell Phone
10.Dues/Subscriptions
11.Charge Cards
12.Other (specify)
Average Weekly Expenses (multiply monthly expenses by 12 and divide by 52)
V. PROVISIONAL ARREARAGE COMPUTATIONS:
If you allege the existence of a child support, maintenance, or other arrearage, attach all records or other exhibits regarding the payment history and complete the child support arrearage.
You must attach a Child Support Guideline Worksheet to your Financial Declaration Form or one must be exchanged with the opposing party/counsel within 10 days of receipt of the other parties= Financial Declaration Form.
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ASSETS
All property is to be listed regardless of whether it is titled in your name only or jointly of if the property you own is being held for you in the name of a third party.
VI. PROPERTY:
A. MARITAL RESIDENCE:
Description:
Location:
Date Acquired: |
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Titled: |
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Purchase Price: |
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Down Payment: |
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Source of down payment: |
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Current Indebtedness: |
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Monthly Payment: |
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Current Market Value: |
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B.OTHER REAL PROPERTY: (Complete B on a separate sheet of paper for each additional parcel of real estate owned etc.)
Description:
Location:
Date Acquired: |
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Titled: |
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Purchase Price: |
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Down Payment: |
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Source of down payment: |
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Current Indebtedness: |
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Monthly Payment: |
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Current Market Value: |
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C.PERSONAL PROPERTY: (motor vehicles, boats, motorcycles, furnishings, household goods, jewelry, firearms, etc. Household furnishings and household goods such as pots and pans need not
be itemized).
Description
Titled
Current Value
Indebtedness
Payment
Present User
VII. BANK ACCOUNTS:
Name
Type of Account
(Checking, Savings,
CD’s, etc.)
Owner
Account No.
Balance on Date of Filing
VIII.
Name
Type of Account
(Money Mkt, Stocks,
Bonds, Mutual Funds)
Owner
Account No.
Value on date of filing
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IX. LIFE INSURANCE POLICIES (whole life, variable life, annuities, term)
Company
Owner
Policy #.
Beneficiary
Face Value
Loan
Amount
Cash Value
X.RETIREMENT ACCOUNTS (Pension, Profit Sharing, 401(K), SEP, IRA, KEOGH, ESOP, etc.)
Company
Type of Plan
Owner
Account #
Vested (yes/no)
Value as of date of filing
XI. OTHER PROFESSIONAL OR BUSINESS INTERESTS:
Name of Business
Type (Corp., Part., Sole Owner
% Owned
Estimated Value
XII. MARITAL BILLS, DEBTS, AND OBLIGATIONS: (list every single bill, debt and obligation regardless of whether the bill is title in your name, your spouse=s name, or jointly. Please include all mortgages, 2nd mortgages, home equity loans, charge cards, other loans, credit union loans, car payments, and unpaid medical bills, etc. Do not include monthly expenses such as utilities that are paid in full every month).
Creditor
Description
Acct. #
Monthly
Payment
Balance as of
Date of Filing
Current
Balance
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File Characteristics
| Fact Name | Details |
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| Purpose | The Indiana Financial Declaration Form is used to provide a detailed account of financial information during divorce proceedings, ensuring transparency between parties. |
| Governing Laws | This form is governed by Local Rule 18 of the Porter Superior Court and Indiana Trial Rules 26, 33, 34, 35, and 37. |
| Required Information | Both parties must disclose personal information, income details, health insurance information, and living expenses to facilitate fair negotiations. |
| Child Support Consideration | If child support is involved, the form must be accompanied by an Indiana Child Support Guideline Worksheet to ensure compliance with state guidelines. |
| Verification | The form must be signed and verified by the submitting party, affirming that all information provided is true and complete. |
Essential Points on This Form
What is the purpose of the Indiana Financial Declaration Form?
The Indiana Financial Declaration Form is used in divorce or custody cases to provide a complete financial picture of both parties. It helps the court understand each party's income, expenses, and financial responsibilities, particularly regarding child support and spousal support. The form ensures transparency and fairness in financial matters during legal proceedings.
Who needs to complete the form?
Both the Petitioner and the Respondent in a marriage dissolution case must complete the form. Each party must provide accurate and detailed information regarding their financial situation to facilitate a fair resolution of the case.
What information is required in the form?
The form requires various details, including:
- Personal information (names, addresses, Social Security numbers, etc.)
- Health insurance information, including providers and costs
- Employment history and income details
- Itemized weekly deductions from gross income
- Monthly living expenses, covering housing, groceries, healthcare, and more
All information must be accurate and complete to avoid delays in the legal process.
How is income calculated on the form?
Income is calculated by providing gross income from various sources, including salary, wages, bonuses, and other earnings. If paid monthly, divide the monthly income by 4.3 to determine the weekly income. Additionally, include income from pensions, Social Security, and any other relevant sources.
What should be included in the monthly living expenses section?
The monthly living expenses section should detail all necessary costs associated with living. This includes:
- Housing costs (rent, mortgage, utilities)
- Groceries and toiletries
- Clothing expenses
- Healthcare costs (insurance, medical visits, prescriptions)
- Child-related expenses, if applicable
Be thorough and accurate in listing all expenses to provide a clear picture of financial obligations.
Are there any penalties for providing false information?
Yes, providing false information on the Indiana Financial Declaration Form can have serious consequences. It may lead to legal penalties, including fines or sanctions. It is crucial to ensure all information is truthful and accurate to maintain the integrity of the legal process.
What happens after submitting the form?
After submitting the form, the court will review the financial information provided. This review is essential for determining child support, spousal support, and other financial matters related to the case. Both parties may need to attend a hearing to discuss the financial disclosures further.
Is there a deadline for submitting the form?
Yes, there is a deadline for submitting the Indiana Financial Declaration Form. It is typically required to be filed within a specified time frame after the initial filing of the case. Check with the local court for specific deadlines to ensure compliance and avoid any delays in the proceedings.
Misconceptions
Here are nine common misconceptions about the Indiana Financial form:
- The form is only for couples going through divorce. Many people think this form is only applicable in divorce cases. However, it can also be used in various family law matters, including child custody and support cases.
- You only need to fill out the form if you have significant assets. Some believe that only those with substantial wealth need to complete the form. In reality, everyone involved in family law proceedings must disclose their financial information, regardless of their asset level.
- Submitting the form guarantees a specific outcome in court. People often assume that providing this financial information will lead to a favorable ruling. The form is simply a tool for transparency and does not influence the court's decision directly.
- All financial information must be disclosed in detail. While it is important to provide accurate information, some may think they need to list every single expense. The form requires a summary of income and expenses, not exhaustive details.
- You can use estimates for your financial figures. Some individuals believe that rough estimates are acceptable. However, it is crucial to provide accurate and truthful figures to avoid potential legal issues.
- The form is only required once. Many assume they only need to submit the form at the beginning of their case. In some situations, updates may be necessary if financial circumstances change.
- The form is not legally binding. Some people think that since the form is a declaration, it does not hold legal weight. However, providing false information can lead to serious consequences, including legal penalties.
- Only one party needs to submit the form. It is a common misconception that only the petitioner or respondent needs to file the form. In most cases, both parties must submit their financial disclosures.
- Filling out the form is a quick process. Many underestimate the time it takes to gather necessary information. Completing the form accurately requires careful consideration and organization of financial records.
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