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Many online marital settlement agreements can mislead individuals regarding the proper listing of assets and debts. For instance, a client submitted an agreement that inaccurately states parties merely acknowledge their division of assets, which is problematic in California. In California, it is not sufficient to use boilerplate language; all assets and debts must be explicitly listed by name, including account details like the last four digits, especially for 401(k)s and pensions. If these specifics are not addressed in the settlement agreement, the judgment will not be approved.
