Ever found yourself tangled in legal matters and heard the term ‘affidavit’ thrown around? It’s more common than you think.

Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Erika Rasure is globally-recognized as a leading consumer economics ...

At first, the idea sounds simple enough. In all contested (and some uncontested) divorces, the Courts require each spouse to file what’s called a “Financial Affidavit,” a formal document that details ...