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

FL-142 details everything you owe and own. Form FL-142 is also known as the Schedule of Assets and Debts, and it's not as difficult to complete as the Income and Expense Declaration. However, many tend to get confused with the attachments.

US Legal Forms
Divorce Papers & Forms
California Summary Dissolution of Marriage Package with No Children -...

California Divorce Statement Form Fl-160

Category:

Family Law - Divorce - No Children

State:

California

Control #:

CA-008A-D

Format:

Instant download

This website is not affiliated with any governmental entity

Public form

Description

This package includes (1)Information about Summary Dissolution, (2) Forms List, (3) Steps, (4) Forms. The forms are available in Microsoft Word format. The forms include the Information Booklet, Joint Complaint for Dissolution, Financial Information Statement, Separation Agreement and Request for Entry of Judgment, Judgment and Notice of Entry of Judgment.

Certificate of Amendment (Other)

View this form

Performance Horse Lease Agreement

View this form

Limited Liability Company LLC Operating Ag...

View this form

Affidavit for Service by Publication for N...

View this form

Letter from Landlord to Tenant as Notice t...

View this form

How Social Security Benefits May Reduce Yo...

View this form

Third Party Financing Agreement Workform

View this form

ADA Leave Letter

View this form

Community Property Deed

View this form

Sample Letter for Acceptance of Honor

View this form

How to fill out California Summary Dissolution Of Marriage Package With No Children - Divorce?

It’s no secret that you can’t become a law expert overnight, nor can you grasp how to quickly draft California Divorce Statement Form Fl-160 without having a specialized set of skills. Putting together legal documents is a long process requiring a specific training and skills. So why not leave the creation of the California Divorce Statement Form Fl-160 to the professionals?

With US Legal Forms, one of the most comprehensive legal template libraries, you can access anything from court paperwork to templates for internal corporate communication. We know how important compliance and adherence to federal and state laws and regulations are. That’s why, on our website, all templates are location specific and up to date.

Here’s how you can get started with our platform and get the form you require in mere minutes:

Discover the document you need with the search bar at the top of the page.
Preview it (if this option provided) and read the supporting description to figure out whether California Divorce Statement Form Fl-160 is what you’re searching for.
Begin your search over if you need any other template.
Set up a free account and choose a subscription plan to buy the template.
Pick Buy now. As soon as the transaction is through, you can get the California Divorce Statement Form Fl-160, complete it, print it, and send or mail it to the necessary individuals or entities.

You can re-access your forms from the My Forms tab at any time. If you’re an existing client, you can simply log in, and find and download the template from the same tab.

No matter the purpose of your paperwork-be it financial and legal, or personal-our platform has you covered. Try US Legal Forms now!

Divorce Package

Make the process of finding the needed Divorce Package more straightforward. Choose your state, clarify circumstances, and get forms that suit your case.

Try now

Form popularity

FAQ

Your ?declaration? is your story to the judge. You will probably not be given the time to say much to the judge when you go to court. You must therefore write everything you want to say to the judge here in your declaration.

Here are some ways to prove your property is separate: You Owned the Property Before Your Marriage. ... The Property Was a Gift from Outside of the Marriage. ... You Inherited the Property. ... Your Spouse Did Not Contribute to the Property. ... You Are the Property's Primary User. ... You Significantly Contributed to the Property.

Generally, separate property is: Anything you earned or owned (or a debt) from before you married or after you separated. Anything you buy with separate property or you earn from separate property. Gifts or inheritance (to one of you) even if it was given or inherited when you were married.

FL-142 details everything you owe and own. Form FL-142 is also known as the Schedule of Assets and Debts, and it's not as difficult to complete as the Income and Expense Declaration. However, many tend to get confused with the attachments.

Separate property, on the other hand, includes all of the following: All property owned by the person before marriage, All property acquired by the person after marriage by gift, bequest, devise, or descent, The rents, issues, and profits of that property, and.

Trusted and secure by over 3 million people of the world’s leading companies

California Summary Dissolution of Marriage Package with No Children - Divorce

Divorce - State Law Summary - California

Notes: This summary is not intended to be an all inclusive summary of the law in California but does contain basic and other provisions.

Grounds

A divorce in the State of California is called a dissolution of marriage. California law allows for dissolution of marriage based upon irreconcilable differences and incurable insanity. Irreconcilable differences are statutorily defined as those differences determined by the court to be substantial reasons for not continuing the marriage and which make it appear that the marriage should be dissolved. For a decree of dissolution of marriage to be granted based upon incurable insanity, proof must be presented to the court that at the time the petition was filed, the insane spouse was, and still is, incurably insane. 2310

Residency Requirements

At least one of the parties to the dissolution action in California must have been a resident of the state for at least six months prior to the filing of the action and a resident of the county in which the action is filed for at least three months prior to the action being filed. 2320

Name of court and title of action/parties

An action for dissolution of marriage in the State of California is filed in Superior Court. The title of the action initiating the dissolution is a Petition for Dissolution of Marriage, while the title of the action granting the dissolution is referred to as a Final Judgment of Dissolution of Marriage. The party who initiates the proceeding is called the Petitioner, while the other party is referred to as the Responent. 2330

Waiting Period

No judgement of divorce is final until six months have elapsed from the date the the respondent was served with a copy of the summons and petition or the date of appearance of the respondent, whichever comes first. 2339

Reconcilliation Continuance

If upon filing of the divorce action it appears that there is a reasonable chance that the parties may reconcile, the court shall order a continuance of the proceeding for a period not to exceed thirty days. 2334

Summary Dissolution of Marriage

A summary dissolution of marriage proceeding is begun by the filing of a joint petition signed by both the husband and wife stating that all of the requirements for summary dissolution have been met, providing the mailing address of both husband and wife, and a statement of whether or not the wife desires to have her former name restored.

To qualify for a summary dissolution, all of the following conditions must exist at the time of filing:

1. At least one of the parties to the action must have been a resident of the state for six months prior to filing for divorce, and a resident of the county in which the action is filed for three months prior to the filing of divorce.
2. Irreconcilable differences have cause an irremedial breakdown of the marriage and the marriage should be dissolved.
3. The parties to the action have no children born prior to or during the marriage, have not adopted any children during the marriage, and the wife, to her knowledge, is not pregnant.
4. At the time the petition is filed, the marriage is not more than five years in duration.
5. Neither party has any interest in any real property, wherever situated, with the exception of a lease of residence, which must terminate within one year of the date of filing of the petition and must not include an option to purchase.
6. There may not be more than four thousand dollars ($4,000) in upaid obligations incurred by either or both spouses after the date of marriage, excluding amounts owed for automobiles.
7.(a) The total fair market value of the community property assets is less than twenty-five thousand dollars ($25,000), excluding all encumbrances and automobiles and including any deferred compensation/retirement plans, and;
(b)neither party has separate property assets in excess of twenty-five thousand dollars ($25,000), excluding all encumbrances and automobiles.
8. The parties have executed an agreement setting forth the division of assets and liabilities and have executed all documents necessary to effectuate the agreement.
9. The parties waive any right to spousal support.
10. The parties, upon entry of judgment of divorce, irrevocably waive their rights to appeal and for a new trial.
11. The parties have read and understand the summary dissolution of marriage brochure provided by the county clerk.
12. The parties desire that the court dissolve their marriage. 2400

Legal separation

A judgment of legal separation may be obtained in the State of California on the same grounds as those permitted for an action of dissolution of marriage. 2310

Alimony

The courts in the State of California may award support to either spouse, without regard to marital misconduct. The goal in awarding spousal support is to help the spouse receiving alimony to become self-supporting within a reasonable time. Generally, the courts consider one-half the length of the marriage to be a reasonable time for a spouse to become self-supporting. Factors the court will consider in determining the length and amount of an award of spousal support include:

1. The marketable skills of the supported spouse;
2. The extent to which the supported spouse's present or future earning capacity has been impaired due to duties of the marriage;
3. The extent that the supported spouse contributed to the earning capacity of the supporting spouse;
4. The ability of the supporting spouse to pay;
5. The needs of each party;
6. The obligations and assets of each party;
7. The duration of the marriage;

8. The age and health of the parties;
9. Any other factors the court deems are equitable and just. 4320

Distribution of property

The courts in California will divide the community property of the parties equally after setting aside to each spouse that spouse's separate property. Community property is presumed to be all property aquired by the parties during the marriage and held in joint form. This presumption may be rebutted by a clear statement in the title by which property is acquired that the property is separate and not community property or by proof that the parties have a written agreement that the property is separate property. 2550

Child custody

The court will determine the issue of custody based upon the best interests of the child. In determining the best interests of the child, the courts will consider the following:

1. The health, safety and welfare of the child;
2. Any history of abuse by a parent;
3. The nature and amount of contact by both parents;
4. Any history of substance abuse;
5. The wishes of the child.

There is a presumption that joint custody is in the best interests of the child. If the court awards joint custody, the court shall specify the rights of each parent to physical control of the child. The court shall grant reasonable visitation to the non-custodial parent unless it can be shown that such visitation is not in the child's best interests. Each parent shall also have equal access to records of the child, including, but not limited to, medical, dental, and schooling. 3011

Mediation

If it appears on the face of the petition that custody is a contested issue, the court shall order mediation to assist the parties in settlement of those contested issues, and to assist in the development of an agreement that assures the child of close and continuing contact with each parent. 3170

Child support

Either or both parties may be ordered to pay an amount reasonable and necessary for the support of any minor children of the marriage. The State of California has enacted child support guidelines which establish the presumptive correct amount of child support due. Deviation from the guidelines requires the court to state in writing why the application of the guidelines would be unreasonable or unjust, and:

1. The amount of support that would have been ordered under the guidelines;
2. The reasons for the deviation;
3. The reasons the support ordered is in the bests interests of the child. 4056

Name change

Upon request in a proceeding for dissolution of marriage, the court may restore a party to their former or birth name. 2080

California Summary Dissolution of Marriage Package with No Children - Divorce

Divorce - State Law Summary - California

Notes: This summary is not intended to be an all inclusive summary of the law in California but does contain basic and other provisions.

Grounds

Residency Requirements

Name of court and title of action/parties

Waiting Period

Reconcilliation Continuance

Summary Dissolution of Marriage

To qualify for a summary dissolution, all of the following conditions must exist at the time of filing:

Legal separation

A judgment of legal separation may be obtained in the State of California on the same grounds as those permitted for an action of dissolution of marriage. 2310

Alimony

Distribution of property

Child custody

The court will determine the issue of custody based upon the best interests of the child. In determining the best interests of the child, the courts will consider the following:

Mediation

Child support

1. The amount of support that would have been ordered under the guidelines;
2. The reasons for the deviation;
3. The reasons the support ordered is in the bests interests of the child. 4056

Name change

Upon request in a proceeding for dissolution of marriage, the court may restore a party to their former or birth name. 2080

California Divorce Statement Form Fl-160

Description

Viewed forms

How to fill out California Summary Dissolution Of Marriage Package With No Children - Divorce?

Divorce Package

Form popularity

FAQ

What is a declaration in California?

How do you prove separate property in a divorce?

What is considered separate property in California?

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

What is a separate property declaration in California?

Trusted and secure by over 3 million people of the world’s leading companies