What to capture
- Specific item or collection description
- Possession and claimed ownership
- Current valuation and date
- Acquisition source, gift or inheritance claim
The failure mode to catch
Treating an insurance replacement value as the only measure, or omitting an item because one party physically holds it.
Keep the source date and any uncertainty visible. A reviewer should be able to distinguish a supported figure, an estimate, an unknown value and an affirmative statement that no such property exists.
Documents that usually resolve it
- Insurance schedule
- Recent qualified appraisal
- Receipts, provenance and photographs
- Gift or inheritance records
How it moves downstream
The entry should retain its form item, description, value date, character claim and source. If it enters the community division, it must flow into the face-value total. If it cannot yet be valued, it should remain visible outside the negotiable pool rather than disappearing.
A second disclosure may describe the same jewelry, art, antiques and collections differently. Reconcile on durable identifiers and preserve differences in date, value, debt and characterization for review.
Continue the workflow
Build and check a California Schedule of Assets and Debts
A private, browser-only workspace for composing, reading and checking California form FL-142 without uploading a client filing.
FL-142 quality-control checklist
A practical California FL-142 checklist covering completeness, dates, secured debt, totals, documents and review.
Property-division document checklist
A source-document checklist for California real estate, bank, investment, retirement, business, vehicle, insurance, tax and debt entries.