Case Information statement (CIS)

Case Information statement (CIS), New Jersey is an equitable division state Sometimes when we’re working on a divorce engagement, we seem to forget that this is only one part of a complex divorce. Of course, the finances for child support, alimony, business valuations and investment are an extremely large and complex area of divorce. But there’s more important things that attorneys are dealing with. For example, child custody, physical abuse in the household, lots of psychological issues. A lot of times psychologist are brought in and/or job specialist to evaluate the partner’s employability and also their psychological issues. All this stuff is really emotionally draining and cause a lot of problems. And we are usually not involved in any of that aspect of the divorce. The importance of the CIS statement cannot be overstated. Many times, when I’m in divorce engagements these documents are updated biweekly. This is the one of the things you really need to understand. Let’s go through a case information statement. Typically, attorney once a client comes in for consultation, they will be given a CIS statement and asked them to fill it out as best as possible. Utilize quicken and quick books to compile information We look at the CIS as financial stmt for the family, Balance sheet, Income Statement and Cashflow statement, they all need to balance