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The issue with using online marital settlement agreements is that they can create misconceptions about how to list assets and debts. A submitted example demonstrates that merely stating agreement on asset division without specifics fails to comply with California law. In California, parties must explicitly list each asset and debt they intend to keep, including details like the last four digits of account numbers, particularly for 401(k)s and pensions. If these specifics are not included in the settlement agreement, the judgment will not be approved. Thus, it's crucial to ensure all assets and debts are itemized correctly to avoid legal complications.
