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Worksheet: Division of Property
| Business or Professional Property: | To You: | To Your Partner: | |
| Closely held business assets | $____________ | $____________ | |
| Business goodwill value | $____________ | $____________ | |
| Value of professional practice | $____________ | $____________ | |
| Value of professional license | $____________ | $____________ | |
In calculating the value of each partner's share, consider the following, as applicable:
When purchased __________
Purchase price __________
Down payment amount __________
Source of down payment __________
Original loan amount __________
Current loan amount __________
Source of funds for loan payments, taxes, and insurance Source of funds for improvements __________
Source of funds for maintenance __________
Source of effort for improvements __________
Source of effort for maintenance __________
Monthly income __________
Partner's contributions as homemaker __________
Contributions of wage-earner partner while other earned degree __________
| Vehicles: | To You: | To Your Partner: | |
| Vehicle #1: | |||
| Value | $____________ | ||
| Amount Owed | $____________ | ||
| Equity | $____________ | $____________ | $____________ |
| Vehicle #2: | |||
| Value | $____________ | ||
| Amount Owed | $____________ | ||
| Equity | $____________ | $____________ | $____________ |
| Vehicle #3: | |||
| Value | $____________ | ||
| Amount Owed | $____________ | ||
| Equity | $____________ | $____________ | $____________ |
| Boat: | |||
| Value | $____________ | ||
| Amount Owed | $____________ | ||
| Equity | $____________ | $____________ | $____________ |
FAQs
- If my marital status changes, may a credit grantor force me to reapply for credit?
- Will use of fault grounds affect other aspects of the divorce?
- What is a divorce?
- What is a no-fault divorce?
- Why does the law provide for no-fault divorces?