Fillable Form FL-142

What is Form FL-142?

Form FL-142, Schedule of Assets and Debts, is a California divorce form used to disclose everything that you and your spouse own, owe, earn, and spend. Both you and your spouse are required to complete the FL-142 Form.

The FL 142 Form California requires a party to write down each and every asset and debt that they own, whether it is community property or separate property. Additionally, the FL 142 Form requires attachments, which means that deeds, account statements, and other documents are required to accompany the form.

Form FL 142 should not be filed with the court. The main reason behind this is that divorce is a public filing. If Form FL142 was filed with the court, anyone can access the information and your personal financial details.

All assets and debts must be listed on FL142 Form, whether they are community property or separate property. If you contend that an asset should be your separate property (for example: it was acquired prior to marriage, after separation, during the marriage by gift or inheritance, or was transmuted to your separate property by virtue of an agreement with your spouse), indicate so in the “SEP. PROP” column by marking a “P” for Petitioner’s separate property or an “R” for Respondent’s separate property.

How to fill out Form FL-142?

Using PDFQuick, you can electronically fill out and download a PDF copy of FL-142 Form California in minutes. Fill it out by following the instructions below.

Attorney or Party Without Attorney

Enter the name and complete address of your attorney.

If you represent yourself, enter your full name and your complete address. 

Telephone Number

Enter your attorney’s telephone number.

If you represent yourself, enter your telephone number.

Attorney For

Enter the name of your attorney.

If you represent yourself, enter “In Pro Per.”

County

Enter which county in California you’re filing for divorce.

Petitioner

Enter the full name of the petitioner.

Respondent

Enter the full name of the respondent.

Schedule of Assets and Debts

Mark the appropriate box if you’re filling this form as:

Case Number

Enter the case number of your divorce.

ASSETS DESCRIPTION

Item 1 – Real Estate

Enter the real estate assets that both parties owned, including their street addresses. If it’s separate property, mark the SEP. PROP column by entering “P” if the property belongs to the Petitioner or “R” if it belongs to the Respondent.

Enter the dates each property was acquired in the Date Acquired column. Enter the current gross fair market value and the amount of money owed or encumbrance of each property in the appropriate columns.

Attach copies of the deed with legal descriptions and the latest lender’s statement.

Item 2 – Household Furniture, Furnishings, Appliances

Enter the household furniture, furnishings, and appliances both parties owned. If it’s separate property, mark the SEP. PROP column by entering “P” if the property belongs to the Petitioner or “R” if it belongs to the Respondent.

Enter the dates each household furniture, furnishings, and appliances were acquired in the Date Acquired column. Enter the current gross fair market value and the amount of money owed or encumbrance of each household furniture, furnishings, and appliance in the appropriate columns.

Item 3 – Jewelry, Antiques, Art, Coin Collections, etc.

Enter the jewelry, antiques, art, coin collections, and other assets both parties owned. If it’s separate property, mark the SEP. PROP column by entering “P” if the property belongs to the Petitioner or “R” if it belongs to the Respondent.

Enter the dates each jewelry, antiques, art, coin collections, and such other assets were acquired in the Date Acquired column. Enter the current gross fair market value and the amount of money owed or encumbrance of each jewelry, antiques, art, coin collection, and such other assets in the appropriate columns.

Item 4 – Vehicles, Boats, Trailers

Enter a description of the vehicles, boats, and trailers both parties owned. If it’s separate property, mark the SEP. PROP column by entering “P” if the property belongs to the Petitioner or “R” if it belongs to the Respondent.

Enter the dates each vehicle, boat, and trailer was acquired in the Date Acquired column. Enter the current gross fair market value and the amount of money owed or encumbrance of each vehicle, boat, and trailer in the appropriate columns.

Attach copies of the title documents.

Item 5 – Savings Accounts

Enter the savings accounts’ name, number, bank, and branch both parties owned. If it’s separate property, mark the SEP. PROP column by entering  “P” if the property belongs to the Petitioner or “R” if it belongs to the Respondent.

Enter the date each savings account was acquired in the Date Acquired column. Enter the current gross fair market value and the amount of money owed or encumbrance of each savings account in the appropriate columns.

Attach copies of the latest statements.

Item 6 – Checking Accounts

Enter the checking accounts’ name, number, bank, and branch both parties owned. If it’s separate property, mark the SEP. PROP column by entering  “P” if the property belongs to the Petitioner or “R” if it belongs to the Respondent.

Enter the date each checking account was acquired in the Date Acquired column. Enter the current gross fair market value and the amount of money owed or encumbrance of each checking account in the appropriate columns.

Attach copies of the latest statements.

Item 7 – Credit Union, Other Deposit Accounts

Enter the credit union or other deposit accounts’ name, number, bank, and branch both parties owned. If it’s separate property, mark the SEP. PROP column by entering “P” if the property belongs to the Petitioner or “R” if it belongs to the Respondent.

Enter the date each credit union or other deposit account was acquired in the Date Acquired column. Enter the current gross fair market value and the amount of money owed or encumbrance of each credit union or other deposit account in the appropriate columns.

Attach copies of the latest statements.

Item 8 – Cash

If there is a large sum of cash in a safe deposit box or other location, enter its details here. If it’s separate property, mark the SEP. PROP column by entering “P” if the property belongs to the Petitioner or “R” if it belongs to the Respondent.

Enter the date the cash was acquired in the Date Acquired column. Enter the current gross fair market value and the amount of money owed or encumbrance of the cash in the appropriate columns.

Item 9 – Tax Refund

If there is a dispute as to how a tax refund check should be allocated, enter its details here. If it’s separate property, mark the SEP. PROP column by entering “P” if the property belongs to the Petitioner or “R” if it belongs to the Respondent.

Enter the date the tax refund check was acquired in the Date Acquired column. Enter the current gross fair market value and the amount of money owed or encumbrance of the tax refund check in the appropriate columns.

Item 10 – Life Insurance with Cash Surrender or Loan Value

If either party holds a life insurance policy with a cash-out value (generally whole life policies only), enter the details here. If it’s separate property, mark the SEP. PROP column by entering “P” if the property belongs to the Petitioner or “R” if it belongs to the Respondent.

Enter the date the life insurance policy was acquired in the Date Acquired column. Enter the current gross fair market value and the amount of money owed or encumbrance of the life insurance policy in the appropriate columns.

Attach a copy of the declaration page of the policy and your most recent policy statement. 

If you hold only term policies, enter them, but indicate that they are term policies.

Item 11 – Stocks, Bonds, Secured Notes, Mutual Funds

If either party has stocks, bonds, secured notes, and mutual funds, enter the certificate number here. If it’s separate property, mark the SEP. PROP column by entering “P” if the property belongs to the Petitioner or “R” if it belongs to the Respondent.

Enter the date the stocks, bonds, secured notes, and mutual funds were acquired in the Date Acquired column. Enter the current gross fair market value and the amount of money owed or encumbrance of the stocks, bonds, secured notes, and mutual funds in the appropriate columns.

Attach a copy of the certificate or copy of the latest statement.

Item 12 – Retirement and Pensions

Enter the required information for any retirement whether defined-contribution plans or defined-benefit plans of both parties. If it’s separate property, mark the SEP. PROP column by entering “P” if the property belongs to the Petitioner or “R” if it belongs to the Respondent.

Enter the date of the retirement and pensions in the Date Acquired column. Enter the current gross fair market value and the amount of money owed or encumbrance of the retirement and pensions in the appropriate columns.

Attach a copy of the latest summary plan documents and the latest benefit statement.

Item 13 – Profit-Sharing, Annuities, Iras, Deferred Compensation

Enter the required information for any profit-sharing, annuities, IRAs, and deferred compensation of both parties. If it’s separate property, mark the SEP. PROP column by entering “P” if the property belongs to the Petitioner or “R” if it belongs to the Respondent.

Enter the date the profit-sharing, annuities, IRAs, and deferred compensation were acquired in the Date Acquired column. Enter the current gross fair market value and the amount of money owed or encumbrance of the profit-sharing, annuities, IRAs, and deferred compensation in the appropriate columns.

Attach a copy of the latest statement.

Item 14 – Accounts Receivable and Unsecured Notes

Enter the required information for any accounts receivable and unsecured notes owed to both parties. If it’s separate property, mark the SEP. PROP column by entering “P” if the property belongs to the Petitioner or “R” if it belongs to the Respondent.

Enter the date the accounts receivable and unsecured notes were acquired in the Date Acquired column. Enter the current gross fair market value and the amount of money owed or encumbrance of the accounts receivable and unsecured notes in the appropriate columns.

Attach copies of any promissory notes or other loan documents.

Item 15 – Partnerships and Other Business Interests

Enter all businesses owned, whether partially or fully, by both parties. If it’s separate property, mark the SEP. PROP column by entering “P” if the property belongs to the Petitioner or “R” if it belongs to the Respondent.

Enter the date the businesses were acquired in the Date Acquired column. Enter the current gross fair market value and the amount of money owed or encumbrance of the businesses in the appropriate columns.

Attach copies of your most recent K-1, Partner’s Share of Income, Deductions, Credits, etc., and Schedule C, Profit or Loss from Business (Sole Proprietorship), forms from the last three years. If you maintain profit and loss statements, include the most recent yearly, quarterly, and monthly reports.

Item 16 – Other Assets

Enter any other assets held by both parties which do not fit into the categories set forth above.

Item 17 – Total Assets From Continuation Sheet

If you used extra continuation sheets, add up all amounts and list them here

Item 18 – Total Assets

Add up your total assets from Items 1 to 17 and enter the sum here.

DEBTS–SHOW TO WHOM OWED

Item 19 – Student Loans

Enter the student loan details both parties owed. If it’s separate property, mark the SEP. PROP column by entering “P” if the property belongs to the Petitioner or “R” if it belongs to the Respondent. Then, enter the total amount owing and the date it was incurred.

Item 20 – Taxes

Enter the taxes both parties owed. If it’s separate property, mark the SEP. PROP column by entering “P” if the property belongs to the Petitioner or “R” if it belongs to the Respondent. Then, enter the total amount owing and the date it was incurred.

Item 21 – Support Arrearages

Enter the details regarding any past-due child or spousal support obligations both parties owed. If it’s separate property, mark the SEP. PROP column by entering “P” if the property belongs to the Petitioner or “R” if it belongs to the Respondent. Then, enter the total amount owing and the date it was incurred.

Attach copies of court orders and statements.

Item 22 – Loans Unsecured

Enter the details of loans unsecured both parties owed, including bank name and loan number. If it’s separate property, mark the SEP. PROP column by entering “P” if the property belongs to the Petitioner or “R” if it belongs to the Respondent. Then, enter the total amount owing and the date it was incurred.

Attach copies of the latest statement.

Item 23 – Credit Cards

Enter the name, address, and account number of each creditor (the company that issued the credit card). If it’s separate property, mark the SEP. PROP column by entering “P” if the property belongs to the Petitioner or “R” if it belongs to the Respondent. Then, enter the total amount owing and the date it was incurred.

Attach copies of the latest statement.

Item 24 – Other Debts

Enter any other debts owed by both parties.

Item 25 – Total Debts From Continuation Sheet

If you used extra sheets, add up all amounts and list them here.

Item 26 – Total Debts

Add up your total debts from Items 19 to 25 and enter the sum here.

Item 27

If you used continuation sheets, mark the box and enter the number of continuation sheets you are attaching.

Date

Enter the date you signed the form.

Type or Print Name

Enter your printed full name.

Signature of Declarant

Affix your signature.