Form 224 PDF Details

In the journey of dissolving a marriage, especially when children are involved, the landscape of legal requirements can seem overwhelming. Among these requirements is the completion of Form 224: Financial Affidavit for a Dissolution of Marriage with Children, a crucial document outlined under Rule 17.200. This comprehensive form plays a pivotal role in ensuring fair and equitable financial arrangements by requiring each party to provide a detailed account of their assets, debts, and income. The form is designed to give the court a clear picture of the parties' financial standings, including real estate, vehicles, stocks, bonds, bank accounts, household contents, and even life insurance policies. It also covers retirement assets, other valuable items, and outlines any debts not captured under assets, ensuring nothing is left undisclosed. Parties are warned to provide as much information as possible and to be cautious of including protected or sensitive data, with specific instructions for those filing electronically or on paper. This financial affidavit is not just a formality but a vital document that could significantly influence the outcome of the dissolution process, making it imperative for individuals to fill it out accurately and completely. If confusion or uncertainty arises, the advice of an attorney is highly recommended, as navigating through the intricacies of this affidavit requires a solid understanding of both legal and financial intricacies.

QuestionAnswer
Form NameForm 224
Form Length16 pages
Fillable?No
Fillable fields0
Avg. time to fill out4 min
Other namesiowa bar association affidavit of financial status form, how to fill out affidavit of financial status iowa, affidavit of financial status, form 224 financial affidavit dissolution marriage

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Rule 17.200—Form 224: Financial Affidavit for a Dissolution of Marriage with Children

Each party must complete one of these forms. Provide as much information as you can.

Caution: This form may require you to provide protected or sensitive information.

If filing electronically and you include protected information on this form, fill out or update the Protected Information Disclosure form (211), if you have not already done so.

If filing in paper, you may use form 211 to provide any protected information in full if you have not already done so.

If you do not understand how to use this form, or if you should use this form, talk to an attorney.

In the Iowa District Court for

 

County

County where your case is filed

Upon the Petition of

Petitioner Full name: first, middle, last

and concerning

Equity case no.

Financial Affidavit for a Dissolution of Marriage with Children

Respondent Full name: first, middle, last

I am

Check one

A. Petitioner

B. Respondent

I,

 

, state that this is a true and complete statement

 

 

Print your name

 

 

 

 

 

 

of my assets, debts, and present income as of the

 

day of

 

, 20 .

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Day

Month

Year

1.Assets Things you and your spouse own.

A.Real estate

Attach additional sheets if necessary.

*Owner (Whose name is on the deed?): P = Petitioner R = Respondent J = Joint (Both)

 

 

Owner*

Market value

Debt Total amount you

Net value

Type of real estate

 

What it would

still owe on it

Market value

 

P,R,J

 

 

sell for

and to whom owed

minus debt owed

 

 

 

(1) Homestead Address of the

 

 

 

 

home you own & where you usually live

 

$

$

$

 

 

 

to:

 

 

 

 

 

 

 

 

 

 

 

(2) Other real estate

Address of

 

 

 

 

other houses, apartments, or land

 

 

$

 

that you own.

 

 

$

$

 

 

 

 

 

 

to:

 

 

 

 

 

 

 

 

 

 

 

Check this box if you have attached a sheet with additional information on real estate.

December 2013

Rule 17.200—Form 224

Page 1 of 16

Rule 17.200—Form 224: Financial Affidavit for a Dissolution of Marriage with Children, continued

B.Vehicles

Includes cars, trucks, motorcycles, and other motorized vehicles.

*Owner (Whose name is on the car or vehicle title?): P = Petitioner R = Respondent J = Joint (Both)

Vehicles

Owner*

Market value

Debt Total amount you

Net Value

Make (e.g. Ford)

What it would

still owe on it

Market value

P,R,J

Year

sell for

and to whom owed

minus debt owed

 

 

 

 

 

 

(1)

 

$

$

$

 

 

to:

 

 

 

 

 

 

 

 

 

(2)

 

$

$

$

 

 

to:

 

 

 

 

 

 

 

 

 

(3)

 

$

$

$

 

 

to:

 

 

 

 

 

 

 

 

 

Check this box if you have attached a sheet with additional information on vehicles.

C.Securities, stocks, & bonds

*Owner (Whose name is on the securities, stocks, or bonds?): P = Petitioner R = Respondent J = Joint (Both)

Securities, stocks, & bonds

Owner*

Market value

Debt Total amount you

Net value

What it would

still owe on it

Market value

Company name

P,R,J

sell for

and to whom owed

minus debt owed

 

 

 

 

 

 

 

(1)

 

$

$

$

 

to:

 

 

 

 

 

 

 

 

 

(2)

 

$

$

$

 

to:

 

 

 

 

 

 

 

 

 

(3)

 

$

$

$

 

to:

 

 

 

 

 

 

 

 

 

Check this box if you have attached a sheet with additional information on securities, stocks, and bonds.

D. Life insurance

*Owner (Whose name is on the policy?): P = Petitioner R = Respondent J = Joint (Both)

 

 

 

Loan from

Net value

Life insurance

Owner*

Cash value

cash value

Cash value

Company name

P,R,J

Not death benefit

Total amount still owed

minus loan

 

 

 

on loan

owed

(1)

 

$

$

$

(2)

$

$

$

(3)

$

$

$

Check this box if you have attached a sheet with additional information on life insurance.

December 2013

Rule 17.200—Form 224

Page 2 of 16

Rule 17.200—Form 224: Financial Affidavit for a Dissolution of Marriage with Children, continued

E.Bank accounts

*Owner (Whose name is on the checking or savings account?): P = Petitioner R = Respondent J = Joint (Both)

Checking & savings

 

 

 

Personal loans or

Net value

accounts

 

 

 

Owner*

 

 

overdraft accounts

Cash value

Bank or Credit Union name

 

Cash value

P,R,J

 

Total amount you still

minus loan /

If you do not use bank accounts,

 

 

 

 

 

owe on it

overdraft owed

write “Cash”

 

 

 

 

 

 

 

 

(1)

 

$

 

$

$

(2)

$

$

$

(3)

$

$

$

Check this box if you have attached a sheet with additional information on checking and savings accounts.

F.Household contents

*Owner: P = Petitioner R = Respondent J = Joint (Both)

Household contents

Owner*

Market value

Debt Total amount you

Net value

What it would

still owe on it

Market value

Describe

P,R,J

sell for

and to whom owed

minus debt owed

 

 

(1) Furniture

 

 

$

 

 

 

$

$

a.

 

to:

 

 

 

 

 

 

 

 

 

 

 

 

b.

 

$

$

$

 

to:

 

 

 

 

 

 

 

 

 

c.

 

$

$

$

 

to:

 

 

 

 

 

 

 

 

 

d.

 

$

$

$

 

to:

 

 

 

 

 

 

 

 

 

(2) Appliances / Electronics

 

 

$

 

 

 

$

$

a.

 

to:

 

 

 

 

 

 

 

 

 

 

 

 

b.

 

$

$

$

 

to:

 

 

 

 

 

 

 

 

 

c.

 

$

$

$

 

to:

 

 

 

 

 

 

 

 

 

d.

 

$

$

$

 

to:

 

 

 

 

 

 

 

 

 

(3) Other contents

 

 

$

 

 

 

$

$

a.

 

to:

 

 

 

 

 

 

 

 

 

 

 

 

December 2013

Rule 17.200—Form 224

Page 3 of 16

Rule 17.200—Form 224: Financial Affidavit for a Dissolution of Marriage with Children, continued

b.

c.

$

$

$

to:

 

 

$

$

$

to:

 

 

 

 

 

Check this box if you have attached a sheet with additional information on household assets.

G. Retirement assets

*Owner (Whose name is on the retirement account?): P = Petitioner R = Respondent J = Joint (Both)

 

 

 

Loan from

Net value

Retirement assets

 

Market value

retirement account

Owner*

Market value

Examples: Pensions, IRAs, 401(k)s,

What it would

Total amount you still

P,R,J

minus loan

annuities, etc.

sell for

owe on it

 

owed

 

 

 

and to whom owed

 

 

 

 

(1)

 

$

$

$

 

to:

 

 

 

 

 

 

 

 

 

(2)

 

$

$

$

 

 

 

 

to:

 

 

 

 

 

 

 

 

 

(3)

 

$

$

$

 

to:

 

 

 

 

 

 

 

 

 

Check this box if you have attached a sheet with additional information on retirement assets.

H.Other assets

Items not listed in the other boxes should be listed here. For example: jewelry, furs, guns, sporting goods, farm animals.

*Owner: P = Petitioner R = Respondent J = Joint (Both)

Other assets

Owner*

Market value

Debt Total amount you

Net value

What it would

still owe on it

Market value

Describe

P,R,J

sell for

and to whom owed

minus debt owed

 

 

 

 

 

 

 

(1)

 

$

$

$

 

to:

 

 

 

 

 

 

 

 

 

(2)

 

$

$

$

 

to:

 

 

 

 

 

 

 

 

 

(3)

 

$

$

$

 

to:

 

 

 

 

 

 

 

 

 

Check this box if you have attached a sheet with additional information on other assets.

December 2013

Rule 17.200—Form 224

Page 4 of 16

Rule 17.200—Form 224: Financial Affidavit for a Dissolution of Marriage with Children, continued

I.Totals

(1) Total from attached sheets

Listed in 1A-H.

$

(2) Total net value of assets

Listed in 1A-H.

$0.00

2. Other Debts

Debts may include things such as past due balances on utilities, money owed to a landlord for damages after moving, credit card debt, and loans from friends, family, or banks.

Include as “Other Debts” money you or your spouse owe that you did not include in the “Debt” or “Loan” columns in 1A-H.

*Whose debt is it? P = Petitioner R = Respondent J = Joint (Both)

Other debts

Whose

Amount

debt?*

 

List only those not included as “debt” or “loans” under “Assets” in part 1.

owed

P,R,J

 

 

A.

 

$

 

 

 

B.

 

$

 

 

 

C.

 

$

 

 

 

D.

 

$

 

 

 

E.

 

$

 

 

 

F.

 

$

 

 

 

G.

 

$

 

 

 

H.

 

$

 

 

 

I.

 

$

 

 

 

J.

 

$

 

 

 

K.

 

$

 

 

 

L.

 

$

 

 

 

M.

 

$

 

 

 

N.

 

$

 

 

 

O. Totals from attached sheets, if any

 

$

Check this box if you have attached a sheet with additional information on other

 

 

 

debts and enter the total.

 

 

Total other debts

 

$

Including amounts shown on attached sheets, if any.

 

 

 

 

 

 

Continued on next page

December 2013

Rule 17.200—Form 224

Page 5 of 16

How to Edit Form 224 Online for Free

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With regards to the fields of this specific document, this is what you need to know:

1. When filling out the affidavit of financial status, ensure to incorporate all of the needed blank fields in its corresponding section. This will help to expedite the process, allowing your information to be handled quickly and correctly.

Filling in segment 1 of iowa form financial affidavit dissolution marriage

2. Right after the previous section is done, proceed to enter the suitable information in all these: Homestead Address of the home you, Other real estate Address of, PRJ, sell for, and to whom owed, minus debt owed, Check this box if you have, December, Rule Form, and Page of.

Filling in section 2 of iowa form financial affidavit dissolution marriage

3. Throughout this part, have a look at Vehicles Make eg Ford Year, PRJ, sell for, and to whom owed, minus debt owed, Check this box if you have, C Securities stocks bonds, Owner Whose name is on the, P Petitioner R Respondent J, Securities stocks bonds Company, Owner, PRJ, Market value, What it would, and Debt Total amount you. Every one of these will have to be filled out with greatest awareness of detail.

C Securities stocks  bonds, P  Petitioner R  Respondent J, and and to whom owed in iowa form financial affidavit dissolution marriage

4. Filling out Check this box if you have, D Life insurance, Owner Whose name is on the policy, Life insurance Company name, Owner, PRJ, Cash value Not death benefit, Loan from cash value, Total amount still owed, on loan, Net value Cash value minus loan, owed, Check this box if you have, December, and Rule Form is crucial in this next stage - be certain to devote some time and fill in every blank!

Filling in part 4 in iowa form financial affidavit dissolution marriage

It's very easy to make an error while filling in your Loan from cash value, for that reason make sure that you reread it prior to deciding to finalize the form.

5. And finally, this last portion is precisely what you have to finish prior to submitting the PDF. The fields at this point include the next: Checking savings accounts Bank or, owe on it, overdraft owed, Check this box if you have, F Household contents, Owner P Petitioner R Respondent, Household contents Describe, Furniture, Owner, PRJ, Market value, What it would, Debt Total amount you, still owe on it, and Net value Market value.

iowa form financial affidavit dissolution marriage completion process explained (step 5)

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