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The document FL-142 is a form used in California family law cases to list and declare the assets and debts of the petitioner and respondent. It requires detailed information about various types of assets, such as real estate, vehicles, bank accounts, and personal property, along with their values and ownership claims. Additionally, it includes sections for detailing debts owed, including student loans and credit card debts. The form must be signed under penalty of perjury.

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What is the schedule of assets and debts form in California?

FL-142: Schedule of Assets and Debts The FL-142 Schedule of Assets and Debts form is used during divorce proceedings in California to list all known community and separate assets and debts, providing a detailed account of the financial situation for equitable distribution.

What is the schedule of assets?

What is the purpose of the Schedule of Assets? You are required to declare all the assets comprising the estate in the Schedule of Assets. For the cases within the scope of this Toolkit, the Schedule of Assets is used by the court to confirm the value of the estate and to determine the fees payable for the application.

What is the schedule of assets and debts?

List all your known property and debt. This can be used as an attachment to Declaration of Disclosure (form FL-140) or you may use Property Declaration (form FL-160) instead.

Do you have to disclose assets in a divorce in California?

California requires honest and complete financial disclosures in dissolution and legal separation cases. This includes the disclosure of your income, expenses, assets and debts, as well as your tax returns for the prior two years.

How to fill out a schedule of assets and debts?

Include copies of the loan documents, a current statement, and a date of separation statement. Include account numbers and institution names for all credit cards held by you and/or your spouse, regardless of whose name is on the account. Provide statements for all from the date of separation and current statements.

fl 142 fillable

fl-150 Schedule of assets and debts continuation sheet fl-142 instructions california fl-142 example fl-141 Fl 143a FL-142 vs FL-160 Income and Expense Declaration

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What is the difference between FL 140 and 141?

A brief review of the forms and what you do with each: FL-140: Only served on your spouse. FL-141 (this form): Filed with the court AND served on your spouse.

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What is the difference between FL 140 and 141?

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