Financial Statement Long Form Instructions

The Massachusetts Financial Statement Long Form is required for individuals involved in family law matters such as divorce, separate support, paternity, modification, or contempt cases when their gross yearly income exceeds $75,000. This form is crucial as it helps the court make decisions regarding alimony, child support, and property division. It must be filled out completely and truthfully, as it is signed under the penalties of perjury. The form requires detailed information about personal income, expenses, assets, and liabilities, and must be submitted within 45 days after the complaint is delivered to the defendant. It is important to use weekly amounts for income and deductions, and to provide supplementary sheets if necessary. The form should be typed or computer-generated, and any additional pages should include the party’s name, case caption, and date. The financial statement is impounded and not available for public inspection.