Income and Expense Declarations (or Judicial Council FL-150) forms are used to determine a party’s monthly income and expenses, education and training, tax filing status, and the approximate values of his/her checking, savings, and investment accounts and personal and real property.
The Income and Expense Declaration can be required as part of the financial disclosures in a divorce or legal separation case, to file or respond to a support motion, or even at the request of theother party prior to the filing of a motion to modify support.
The form is four pages long and can be a daunting task for someone unfamiliar with gathering the required data and preparing the form. Our firm has prepared a step-by-step guide to completing your Income and Expense Declaration. To learn more, click here.