THIS FORM SHOULD NOT BE FILED WITH THE COURT FL-142 ATTORNEY ... 2025

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The document FL-142 is a form used in California family law proceedings to list and declare all known community and separate assets and debts of the petitioner and respondent. It provides detailed instructions for reporting various types of assets, including real estate, vehicles, bank accounts, and debts such as loans and credit cards. The form requires the declaration of values as of a specific date and includes a section for signatures under penalty of perjury.

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Click ‘Get Form’ to open it in the editor.
Begin by entering your contact information in the 'ATTORNEY OR PARTY WITHOUT ATTORNEY' section. Ensure that you include your name, address, and telephone number.
In the 'PETITIONER' and 'RESPONDENT' fields, clearly identify both parties involved in the case.
Proceed to the 'SCHEDULE OF ASSETS AND DEBTS' section. Here, list all known community and separate assets or debts. For each item, provide a description and indicate whether it belongs to the Petitioner (P) or Respondent (R).
Fill in the current gross fair market value for each asset as of the date of signing. If necessary, attach continuation sheets for additional items.
Complete the debts section by detailing amounts owed and to whom they are owed. Include any relevant documentation as attachments.
Finally, review all entries for accuracy before saving your completed form.

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What is the FL-142 schedule of assets?

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.

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.

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.

Does FL 160 have to be filed with the court?

Schedule of Assets and Debts (FL-142) or a Community Property Declaration (FL-160) and Separate Property Declaration (FL-160). It is recommended that you complete two Property Declarations, one Community Property and one Separate Property, to be filed with the court.

What is an FL 142?

Schedule of Assets and Debts (FL-142) 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.