A Declaration of Financial Support is a crucial document in Philippine legal practice, particularly when establishing formal financial commitments between parties. This declaration is commonly required for various purposes, including visa applications, student admissions, family support arrangements, and immigration procedures. The document must conform to Philippine legal requirements, including proper notarization and authentication. It typically contains detailed information about the financial supporter's income, assets, and capacity to provide support, as well as specific commitments regarding the amount and duration of support. The declaration is governed by various Philippine laws, including the Civil Code, Family Code, and immigration regulations, making it a significant document for both domestic and international purposes.
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1. Declarant Information: Full legal name, address, nationality, and identification details of the person providing financial support
2. Beneficiary Information: Full details of the person(s) receiving financial support, including their relationship to the declarant
3. Purpose of Declaration: Clear statement of the purpose for which this declaration is being made (e.g., visa application, educational support)
4. Financial Capacity Statement: Declaration of income, employment, and/or assets demonstrating ability to provide support
5. Support Commitment: Specific details of the financial support being offered, including amount and duration
6. Legal Obligations: Statement acknowledging the binding nature of the commitment and legal consequences
7. Verification: Statement of truth and accuracy of the information provided
8. Execution: Space for signature, date, and notarization
1. Educational Support Details: Used when declaration is for educational purposes, including specific educational expenses to be covered
2. Immigration Purpose: Additional declarations required specifically for visa/immigration purposes
3. Emergency Contact Information: Alternative contact details in case of emergencies
4. Duration of Stay: Required when declaration is for temporary residence or study purposes
5. Additional Beneficiaries: Used when financial support extends to multiple dependents
6. Co-Sponsor Information: When there are multiple parties providing financial support
1. Schedule A - Proof of Income: Attached documentation of income such as pay slips, tax returns, or employment certification
2. Schedule B - Asset Declaration: List and proof of assets including bank statements, property titles, or investment certificates
3. Schedule C - Support Calculation: Detailed breakdown of expected expenses and support amounts
4. Appendix 1 - Identity Documents: Copies of identification documents for all parties
5. Appendix 2 - Relationship Evidence: Documentation proving relationship between declarant and beneficiary if applicable
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