INSTRUCTIONS: MASSACHUSETTS FINANCIAL STATEMENT (LONG FORM) (Form CJD301L)

In Massachusetts divorces in which financial issues or division of property are at stake, both parties may be required to complete financial statements. This articles discusses the long form Massachusetts Financial Statement, which should be completed by those who earn $75,000 or more a year.

Massachusetts Financial Statement (Long Form) CJD301L Step 1: Enter both parties' names at the top of the form. In Section I, enter your personal information as requested.

Massachusetts Financial Statement (Long Form) CJD301L Step 2: In section II, list your gross weekly income from all sections.

Massachusetts Financial Statement (Long Form) CJD301L Step 3: In section III, list all tax and other deductions withheld from your earnings.

Massachusetts Financial Statement (Long Form) CJD301L Step 4: In section IV, subtract your deductions from your weekly income to determine your net income.

Massachusetts Financial Statement (Long Form) CJD301L Step 5: In section V, list your gross income from the past year, and attach all related W-2 and 1099 forms.

Massachusetts Financial Statement (Long Form) CJD301L Step 6: In section VI, list all your expenses which are not deduced from wages. In section VII, list the expenses associated with your divorce attorney and your total projected expenses related to this litigation.

Massachusetts Financial Statement (Long Form) CJD301L Step 7: Section VIIIA requires you to list all your real estate, Section VIIIB concerns all motor vehicles you earn, Section VIIIC documents your pension plans, and section VIIID is for all other assets, including stocks and bank accounts. List their current balances and values and account numbers.

Massachusetts Financial Statement (Long Form) CJD301L Step 8: In section IX, you should list all of your liabilities not listed elsewhere. Give the name of every creditor, the type of debt, the date it began, the amount due and the size of your weekly payments.

Massachusetts Financial Statement (Long Form) CJD301L Step 9: You and your attorney should both sign and date the form. Your signature should be made before a notary public, who will affix their seal.