What is a New Jersey Case Information Statement?
When a married couple decides to part ways and file for divorce in New Jersey, one of the first steps they must take is to fill out a Case Information Statement (CIS). The CIS is a comprehensive financial document that captures the details of the couple’s financial status and serves as a crucial tool in determining the division of assets and liabilities during divorce proceedings.
Why is a CIS Important?
A CIS lays out the complete financial situation of both parties, including their assets, debts, income, expenses, and other relevant financial information. This information is used by divorce lawyers, mediators, and judges to make informed decisions about property settlement, spousal support, and child support.
What Information is Included in a CIS?
A CIS typically includes:
- Identification of both parties
- List of assets and their value
- List of debts and their value
- Details of income and expenses
- Information about insurance, pensions, and other benefits
- Description of any ongoing legal or financial disputes
Tips for Filling Out a CIS
Since CIS forms can be quite lengthy and overwhelming, it’s helpful to have a few guidelines to follow:
- Be as accurate and complete as possible. Leaving out or hiding information can backfire in court.
- Provide supporting documentation for all financial information. This can include pay stubs, tax returns, bank statements, and other relevant documents.
- Be organized. A well-organized CIS can help your case and save time in the long run.
- Understand the legal terms and language used in the CIS form. Seek professional help if needed.
Conclusion
Filling out a CIS can seem like a daunting task, but it is a crucial step in the divorce process. Accurate and complete financial information can help ensure a fair and equitable settlement for both parties. By following the guidelines above and seeking professional help when needed, you can navigate the CIS process with confidence.
