Divorce 101 FAQs

What is a Financial Statement?

faq
Written by Russell Alexander ria@russellalexander.com / (905) 655-6335

A financial statement is a document that you swear to be true and which gives information about how much money you make, how you spend that money, how much you own, how much you owe and what you gained during your marriage.  It is used to figure out issues like child support, spousal support and property division.

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About the author

Russell Alexander

Russell Alexander is the founder of Russell Alexander Collaborative Family Lawyers and is the firm’s senior partner. At Russell Alexander, our focus is exclusively family law, offering pre-separation legal advice and assisting clients with family related issues, including: custody and access, separation agreements, child and spousal support, division of family property, paternity disputes, and enforcement of court orders. We have locations in Toronto, Markham, Whitby (Brooklin), Lindsay, and Peterborough.

For more information, visit our website, or you can call us at: 905-655-6335.