Divorce settlements require a statement of net worth to ensure fair division of property and calculation of child support. The New York statement of net worth is a 14-page, excruciatingly-detailed document that can make even an experienced accountant’s head swim. Filling it out is a chore, and that chore is made even worse every time you make an error.
You can fill out the New York statement of net worth by hand, laboriously entering information into literally hundreds of blank spaces on the form. If you enter the wrong amount, put information on the wrong line, or even write a 3 that looks like an 8 then you have to fix the error. So you messily cross it out and write in the correct information, or you use correction fluid for a cleaner-looking fix. However you do it, the form ends up looking sloppy and could even be challenged in a bitter divorce. Besides, who uses paper forms anymore? Are you going to fill them out by candlelight with a quill pen?
The New York court system offers online divorce forms so that should make it easier to fill out the New York statement of net worth, right? They have a PDF version, but it’s not a fillable PDF. In fact it’s simply a very poor scan of a paper form you will still have to print out and complete by hand. They offer a Word Perfect version. Really? Word Perfect? That’s nearly as old as the quill pen. Finally they provide an Omni-Form version, but that doesn’t work with web browsers other than Internet Explorer plus the “document” you save is actually an executable file that contains the Omni-Form software. Many email systems won’t accept .exe attachments so you will be unable to send the form to anyone.
Wouldn’t it be great if there was some kind of law practice management software that allowed you to easily fill out the New York statement of net worth, integrate it with other NY family law forms so you don’t have to enter the same information a thousand times, and then save the form in standard digital formats like Word or PDF? Oh wait, there is!
Check out how easy it is to complete the New York statement of net worth and other NY family law forms with EzSupport-NY software. If you aren’t practicing in New York you might be interested in our products tailored to PA family law forms and AZ family law software.
The biggest mistake you can make on the New York statement of net worth is not using Easysoft products!