The Ault Firm, P.C.
The legal team at The Ault Firm always places a high priority on protecting the rights and interests of each client and placing them in the best position to succeed. The first important step is to seek representation from a knowledgeable team of family law attorney who are always on your side. To learn more on how an experienced Salt Lake City divorce lawyer can help,
When filling for divorce, each party is asked to fill out a financial affidavit. It is a standard document, covering your financial aspect. The court uses this document to later divide the assets, bank account, award alimony, and make all other important decisions.
But what happens if one of the parties lies about their finances?
Let me put it this way – lying on a formal court document is a bad, BAD idea!
There are severe penalties
If you fail to disclose your financial information, and your spouse or the attorney representing your spouse finds out about it, not only will you face charges, but you may also go to jail. This is a serious criminal offense, especially when premeditated.
However, there are cases where one side simply messed up in calculation, and the difference wasn’t big enough to cause drama and additional complications. In such situations, the court may decide to do a simple “slap on the wrist”.
Anything less than full disclosure during a divorce may end up with charges against the party who didn’t inform the court of all the assets and finances. In order for divorce to be final and not modified later on, both parties must list all of their assets, expenses, income and liabilities. Once this is checked, the court will then decide on the division of assets and goods.
There are serious penalties for making a mistake in calculation. This is why you have to be extremely careful, and list everything you own. Don’t “accidently” forget to list your additional income, as you may end up paying more than you are earning if the other party finds out about it.
Ready to divorce and looking for the best Divorce lawyer in Salt Lake City? Here at The Ault Firm we have some of the finest attorneys. Why don’t you give us a call and see how we can help you with your divorce case?
Child support and custody
The only way for the court to assign child support and alimony is to know the current status of both parties involved. This means employment status, monthly/weekly income, all additional incomes, and bank accounts, everything involved. Once these documents are provided, and checked for validity, the court will decide whether child support is needed, and how much money will the soon-to-be-ex-spouse receive to take care of the children.
The same thing goes for child custody. If you want to fight for the custody over your children, you have to make sure that you have listed everything on the document provided by court, as every piece of information may help you win the custody, and vice-versa.
Losing a custody battle is very depressing, and it may affect your future relationship with your child. We suggest you hire an attorney before you file for divorce, and receive all the help you need to fight for your half of the divorce and legal custody over your children.
Remember not to hide anything, as it may cost you more than you can afford. Wrong information may cause you to lose your child custody, your house for example, your car, and other assets and liabilities. There are also additional penalties involved. Be transparent. It is the only way.
Christopher M. Ault, he is a Divorce Attorney Salt Lake City. As a single father of three children, who has gone through the divorce process, he understands many of the obstacles his clients face.