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  • Assets And Liabilities Worksheet For Divorce

Get Assets And Liabilities Worksheet For Divorce

ASSETS AND LIABILITIES WORKSHEET REAL ESTATE Address: Date purchased Purchase price Down payment Source of down payment Monthly payment Taxes & Insurance Current Mtg. balance Current Rate on Mortgage.

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How to fill out the Assets And Liabilities Worksheet For Divorce online

Filling out the Assets And Liabilities Worksheet For Divorce is a crucial step in the divorce process. This guide will provide you with clear and supportive instructions to complete the form accurately and efficiently online.

Follow the steps to fill out your Assets And Liabilities Worksheet.

  1. Click ‘Get Form’ button to access the Assets And Liabilities Worksheet For Divorce and open it in your preferred editing tool.
  2. Begin by entering information about your real estate holdings. For each property, provide the address, date purchased, purchase price, down payment, source of down payment, monthly payment, taxes and insurance, current mortgage balance, current mortgage rate, and present market value.
  3. Proceed to list all vehicles, including motorcycles and recreational vehicles. Fill out the year, make/model, title ownership, market value, loan balance, who uses the vehicle, and any other relevant details.
  4. Detail your bank accounts by identifying the name of the bank, account types, current balances, names on the account, dates opened, and who is authorized to withdraw from each account.
  5. Complete the section on brokerage, IRA, and mutual fund accounts. Indicate account names, numbers, whether it is an IRA, value at marriage, and ownership details.
  6. Fill out information regarding pensions and profit-sharing plans. Provide details on contributions, plans, vesting information, and expected monthly payments.
  7. List college savings accounts, debts owed (including credit cards and loans), life insurance policies, and any other relevant financial matters that may impact your divorce proceedings.
  8. For each household item of value, create an attachment and provide brief descriptions of antiques, collectibles, and other personal items. List their respective market values.
  9. Indicate any business interests and separate properties with relevant details on acquisition and current market values.
  10. Review all entries for accuracy before saving your changes. You can then download, print, or share the completed form as needed.

Complete your Assets And Liabilities Worksheet For Divorce online today to ensure a smooth divorce process.

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California is one of only a few states that considers marital property to be communal, meaning it belongs equally to each spouse, regardless as to how the item, asset, or property was actually obtained.

Florida statutes define non-marital or separate assets as the property received by either spouse separately by bequest, descent, non-interspousal gift, or devise. Therefore, an inheritance is considered a non-marital asset. A spouse should not be entitled to any portion of another spouse's inheritance.

The best thing you can do to protect your inheritance is to sign a prenuptial agreement before getting married or ask your spouse to sign a postnuptial agreement if the inheritance is received during the marriage.

By Creating a New Will If you place some (or all) of your inheritance into a trust or an investment, you can will that investment to someone else. This helps to establish the inheritance as separate property, which will protect it in a divorce. It also secures your assets in the event that you pass away.

Length of Marriage and Alimony In Florida, a short marriage is one that lasts less than seven years. If one spouse wants to pursue alimony, they generally should have been married for at least seven years. The longer a couple is married, the more alimony someone can usually receive and the longer they can receive it.

Many people assume that property division is always 50/50 in a California divorce due to the community property law, but this isn't necessarily true. While it is true that divorcing spouses must evenly divide their marital property in divorce, some property is exempt from division.

Non-marital property includes: Assets acquired prior to marriage. Those assets and property acquired by either of the spouses before they become married are to be treated as separate property not subject to division. Suppose Jesus purchases a Cadillac as a gift to himself after getting his first new job.

Any inheritance is a non-marital asset and can therefore will not be divided in a Florida divorce.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232