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Schedule of assets form

Schedule of Assets and Debts (F 2025

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The document is a legal form used in California family law proceedings to list and declare the assets and debts of a petitioner and respondent. It requires detailed information about various types of assets, including real estate, vehicles, bank accounts, and personal property, as well as liabilities such as loans and credit card debts. The form emphasizes the need for accurate valuation and documentation of each item listed.

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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.

How to prepare an asset schedule?

How to Create an Asset Schedule Navigate to the Settings section. Click on Assets. Go to the Operation Hours section. Create new schedule. Create a Schedule Name. Define the operating hours for a specific asset to assigned on the schedule. Click on the Days you want to operate.

What are the assets and debts?

Assets include owned homes, vehicles, financial accounts, retirement accounts, stocks, bonds and mutual funds, and more. Debt refers to home mortgage loans, education loans, credit card balances, and any other loan or credit extended to the household.

How to fill out a schedule of assets?

This detailed document should carefully list out each of your assets and where theyre currently located. It can also list out when you acquired each asset, their approximate value, and any responsibilities tied to them. You can also think of a schedule of assets as a financial roadmap.

What does SEP prop mean?

Column 2: Whether Items are Separate Property (Sep Prop) Column 2 is labeled Sep. Prop, which is short for separate property. In this column you should state whether the items you list are separate property. Use the letter P for Petitioners separate property, and R for Respondents separate property.

What are some examples of your assets?

Examples of personal assets include: Your home. Other property, such as a rental house or commercial property. Checking/savings account. Classic cars. Financial accounts. Gold/jewelry/coins. Collectibles/art. Life insurance policies.

Do I file FL 142?

When going through a divorce in California, the FL-142 Schedule of Assets and Debts form is a critical document used during the financial disclosure phase. This form is necessary when each party must provide a full and transparent accounting of all community and separate property and debts.

How do you fill out a declaration of assets?

Provide details of asset (registration of assets or account number) wherever applicable. For example, for land, vehicles, yachts, boats etc. provide registration details of the asset. For shares, bonds, debentures etc., provide account number and name of the entity/institution the asset is held with.

Schedule of Assets and Debts (F 2025

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