What is a financial affidavit for stepparent adoption in Arkansas?
ArkansasA financial affidavit is a standard court form that provides the Circuit Court with a snapshot of your family's financial situation. It is required in many Arkansas counties.
What it includes:
- Your income (employment, self-employment, etc.)
- Your spouse's income
- Monthly expenses (housing, utilities, food, etc.)
- Assets (home, vehicles, savings)
- Debts (mortgage, loans, credit cards)
What the court is looking for:
- The court is NOT requiring you to be wealthy
- There is NO minimum income requirement for adoption
- The court wants to see that the child will be adequately cared for
- Since you are ALREADY living with and supporting the child, this is rarely a concern
How to fill it out:
- Be honest and complete
- Estimates are fine for approximate expenses
- We include this form in your document package with instructions
What if my finances aren't great?
- Receiving public assistance does NOT disqualify you
- Having debt does NOT disqualify you
- Low income does NOT disqualify you
- The court evaluates the child's best interest — and being with a loving parent who wants to adopt them IS in their best interest
Included in your $349 document package — pre-formatted for your Arkansas countie with instructions for completion.
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