Complete Guide to Financial Disclosure Forms for Uncontested Divorce in NY
Financial transparency is mandatory in all New York divorces. The Statement of Net Worth and supporting financial documents ensure fair division of assets and appropriate support calculations.
Statement of Net Worth (Form UD-8)
This comprehensive financial affidavit discloses all income sources, complete asset inventory, all liabilities and debts, and monthly living expenses.
Income Section Requirements
Must include salary, self-employment income, investment income, rental income, Social Security, disability, and any other income sources.
Asset Section Breakdown
- Real Property: Address, date acquired, purchase price, current value, mortgage balance
- Bank Accounts: Institution name, account type, balance, whose name
- Retirement Accounts: Type, institution, current value, vested amount
- Vehicles: Make, model, year, value, loan balance
- Investments: Stocks, bonds, mutual funds with current values
Liabilities Section
List all mortgages, credit cards, loans, and other obligations with balances and monthly payments.
Required Supporting Documents
- Last 3 years tax returns complete with schedules
- W-2 and 1099 forms
- Recent paystubs and year-to-date statements
- Bank and investment statements
- Retirement account statements
- Property deeds and appraisals
Accuracy Requirements
You sign Statement of Net Worth under oath. False statements can result in perjury charges, contempt of court, or reopening of divorce.
Need help completing financial disclosure? Our NYC divorce attorneys can review your documents. Schedule a consultation.