In all matters of family law, plaintiffs and defendants will need to complete the Rule 401 financial statements to reflect their income. While these forms are notoriously complex, it is important to complete Rule 401 financial statements accurately as the Massachusetts judge will make major decisions regarding child support based on the information provided. Keep in mind that failing to list income and assets truthfully can result in criminal prosecution.
TurboLaw’s software and document templates help you complete your Massachusetts Rule 401 Long and Short Forms accurately, quickly and easily, and are constantly updated to comply with the latest law.
Which forms apply to you?
Both Massachusetts Rule 401 Long and Short Forms became effective from September 15, 2017. Rule 401 financial statements must be filed to the court within 45 days after the Plaintiff delivers the Complaint to the Defendant and at all court hearings regarding alimony, child support, division of property and any other financial matters.
- The Rule 401 Short Form is filed in all cases where money or support is an issue and your annual income is less than $75,000.
- The Rule 401 Long Form is to be filed in all cases where money or support is an issue and your annual income is more than $75,000.
TurboLaw forms automatically keep up with the latest Rule 401 updates
Once completed, you can save your documents wherever you like or store them in TurboLaw. If you store your documents in TurboLaw, we will automatically enter client information in updated forms for you – avoiding duplication and saving you time.