Financial Affidavit For Divorce Template for Singapore

When you file for divorce in Singapore, you must provide the Family Justice Courts with a complete picture of your financial circumstances through a Financial Affidavit. This sworn statement is not optional—it's a legal requirement that ensures transparency and fairness in divorce proceedings. Your affidavit will directly influence decisions about asset division, spousal maintenance, and child support arrangements.

When do you need this document?

You must file a Financial Affidavit whenever financial matters are disputed in your divorce proceedings. This includes cases involving asset division under section 112 of the Women's Charter, maintenance claims under section 69, or when the court requires financial disclosure for fair distribution of matrimonial property. If you're seeking spousal or child maintenance, or if your spouse is claiming a share of assets acquired during marriage, this document becomes essential. Even in uncontested divorces, courts may require financial affidavits to ensure proposed settlements are fair and reasonable.

Key legal considerations

Your Financial Affidavit must include comprehensive disclosure of all income sources, assets, and liabilities without exception. This includes salary, bonuses, rental income, investment returns, CPF balances, properties, vehicles, bank accounts, insurance policies, and business interests. You must also declare all debts, loans, credit card balances, and financial obligations. The document requires supporting documentation such as bank statements, property valuations, and income tax assessments. Remember that this is a sworn statement—providing false information constitutes perjury and can result in contempt of court proceedings, financial penalties, and adverse inferences in asset division.

Legal requirements in Singapore

Under the Family Justice Rules 2014, specifically Rule 89 and Form 13 requirements, your Financial Affidavit must follow prescribed formats and disclosure standards. The Women's Charter sections 112 and 113 mandate complete financial transparency to enable just and equitable asset division. You must update your affidavit if your financial circumstances change significantly during proceedings. The Family Justice Courts Practice Directions require specific supporting documents, including recent bank statements, CPF statements, property valuations, and employment letters. Your affidavit must be commissioned by a Commissioner for Oaths or lawyer, and filed within court-specified timeframes. Failure to comply with disclosure requirements can result in striking out of your case or adverse cost orders against you.