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DIVORCE PROPERTY WORKSHEET PAGE 5 Name of financial institution: Account name: Account number: Payee of survivor benefits: Designated beneficiary:

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How to fill out a divorce property worksheet:

01

Start by gathering all relevant financial information. This includes bank statements, investment accounts, retirement accounts, mortgage details, and any other assets owned jointly or separately by both parties.

02

List all assets and their estimated values. This includes real estate, vehicles, jewelry, furniture, and other possessions. Be as detailed as possible to accurately reflect the value of each item.

03

Note any debts or liabilities, such as credit card debts, loans, or mortgages. Include the outstanding balances and monthly payment amounts.

04

Determine which assets and debts are shared and which are separate. This is crucial for dividing property and debts during the divorce process.

05

Consult with an attorney or financial advisor if you are unsure about how to properly categorize or assign value to certain assets or debts.

06

Fill out the worksheet by entering the relevant information for each asset, debt, or liability in the appropriate sections. Some worksheets may have separate sections for marital property, separate property, and debts.

07

Be thorough and accurate when filling out the worksheet. Double-check all entries to ensure accuracy.

08

If you're unsure about certain details or need assistance, consider seeking the help of a professional, such as a divorce mediator, attorney, or financial advisor, who specializes in divorce proceedings.

09

It is essential to complete the divorce property worksheet as accurately as possible as it serves as a crucial document during the property division process.

Who needs a divorce property worksheet?:

01

Couples going through a divorce or legal separation.

02

Individuals who want to ensure a fair and equitable division of assets and debts during the divorce process.

03

Attorneys and financial professionals who are involved in guiding individuals through the divorce proceedings and property division.

Note: It is important to consult with a legal or financial professional in your jurisdiction to obtain specific advice tailored to your situation.

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