Equalization Calculator
A tool to create your marital balance sheet and propose a division of community property.
Case #
Petitioner
Respondent
Update Parties
Assets
1.
Real Estate
2.
Household Furniture, Fu…
3.
Jewelry, Antiques, Art,…
4.
Vehicles, Boats, Trailers
5.
Savings Accounts
6.
Checking Accounts
7.
Credit Union, Other Dep…
8.
Cash
9.
Tax Refund
10.
Life Insurance with Cas…
11.
Stocks, Bonds, Secured …
12.
Retirement and Pensions
13.
Profit-Sharing, Annuiti…
14.
Accounts Receivable and…
15.
Partnerships and Other …
16.
Other Assets
Debts
19.
Student Loans
20.
Taxes
21.
Support Arrearages
22.
Loans — Unsecured
23.
Credit Cards
24.
Other Debts
Reset Sheet
View Sheet
Equalization Calculator
A tool to create your marital balance sheet and propose a division of community property.
Case #
Petitioner
Respondent
Update Parties
Reset Sheet
View Sheet
Petitioner
$0
Assets $0
Debts $0
Comm. net $0
Equalization Payment
$0
Balanced
Community net $0
Equal share $0
Respondent
$0
Assets $0
Debts $0
Comm. net $0
Assets — Items 1–16
1
Real Estate
Add
No items yet.
1
Add — Real Estate
Description
*
Date Acquired
Character
Community Property
Separate — Petitioner
Separate — Respondent
Gross Fair Market Value
$
Debt / Encumbrance
$
Assign To
Petitioner
50/50 Split
Respondent
2
Household Furniture, Furnishings & Appliances
Add
No items yet.
2
Add — Household Furniture, Furnishings & Appliances
Description
*
Date Acquired
Character
Community Property
Separate — Petitioner
Separate — Respondent
Gross Fair Market Value
$
Debt / Encumbrance
$
Assign To
Petitioner
50/50 Split
Respondent
3
Jewelry, Antiques, Art, Coin Collections, etc.
Add
No items yet.
3
Add — Jewelry, Antiques, Art, Coin Collections, etc.
Description
*
Date Acquired
Character
Community Property
Separate — Petitioner
Separate — Respondent
Gross Fair Market Value
$
Debt / Encumbrance
$
Assign To
Petitioner
50/50 Split
Respondent
4
Vehicles, Boats, Trailers
Add
No items yet.
4
Add — Vehicles, Boats, Trailers
Description
*
Date Acquired
Character
Community Property
Separate — Petitioner
Separate — Respondent
Gross Fair Market Value
$
Debt / Encumbrance
$
Assign To
Petitioner
50/50 Split
Respondent
5
Savings Accounts
Add
No items yet.
5
Add — Savings Accounts
Description
*
Date Acquired
Character
Community Property
Separate — Petitioner
Separate — Respondent
Gross Fair Market Value
$
Debt / Encumbrance
$
Assign To
Petitioner
50/50 Split
Respondent
6
Checking Accounts
Add
No items yet.
6
Add — Checking Accounts
Description
*
Date Acquired
Character
Community Property
Separate — Petitioner
Separate — Respondent
Gross Fair Market Value
$
Debt / Encumbrance
$
Assign To
Petitioner
50/50 Split
Respondent
7
Credit Union, Other Deposit Accounts
Add
No items yet.
7
Add — Credit Union, Other Deposit Accounts
Description
*
Date Acquired
Character
Community Property
Separate — Petitioner
Separate — Respondent
Gross Fair Market Value
$
Debt / Encumbrance
$
Assign To
Petitioner
50/50 Split
Respondent
8
Cash
Add
No items yet.
8
Add — Cash
Description
*
Date Acquired
Character
Community Property
Separate — Petitioner
Separate — Respondent
Gross Fair Market Value
$
Debt / Encumbrance
$
Assign To
Petitioner
50/50 Split
Respondent
9
Tax Refund
Add
No items yet.
9
Add — Tax Refund
Description
*
Date Acquired
Character
Community Property
Separate — Petitioner
Separate — Respondent
Gross Fair Market Value
$
Debt / Encumbrance
$
Assign To
Petitioner
50/50 Split
Respondent
10
Life Insurance with Cash Surrender or Loan Value
Add
No items yet.
10
Add — Life Insurance with Cash Surrender or Loan Value
Description
*
Date Acquired
Character
Community Property
Separate — Petitioner
Separate — Respondent
Gross Fair Market Value
$
Debt / Encumbrance
$
Assign To
Petitioner
50/50 Split
Respondent
11
Stocks, Bonds, Secured Notes, Mutual Funds
Add
No items yet.
11
Add — Stocks, Bonds, Secured Notes, Mutual Funds
Description
*
Date Acquired
Character
Community Property
Separate — Petitioner
Separate — Respondent
Gross Fair Market Value
$
Debt / Encumbrance
$
Assign To
Petitioner
50/50 Split
Respondent
12
Retirement and Pensions
Add
No items yet.
12
Add — Retirement and Pensions
Description
*
Date Acquired
Character
Community Property
Separate — Petitioner
Separate — Respondent
Gross Fair Market Value
$
Debt / Encumbrance
$
Assign To
Petitioner
50/50 Split
Respondent
13
Profit-Sharing, Annuities, IRAs, Deferred Compensation
Add
No items yet.
13
Add — Profit-Sharing, Annuities, IRAs, Deferred Compensation
Description
*
Date Acquired
Character
Community Property
Separate — Petitioner
Separate — Respondent
Gross Fair Market Value
$
Debt / Encumbrance
$
Assign To
Petitioner
50/50 Split
Respondent
14
Accounts Receivable and Unsecured Notes
Add
No items yet.
14
Add — Accounts Receivable and Unsecured Notes
Description
*
Date Acquired
Character
Community Property
Separate — Petitioner
Separate — Respondent
Gross Fair Market Value
$
Debt / Encumbrance
$
Assign To
Petitioner
50/50 Split
Respondent
15
Partnerships and Other Business Interests
Add
No items yet.
15
Add — Partnerships and Other Business Interests
Description
*
Date Acquired
Character
Community Property
Separate — Petitioner
Separate — Respondent
Gross Fair Market Value
$
Debt / Encumbrance
$
Assign To
Petitioner
50/50 Split
Respondent
16
Other Assets
Add
No items yet.
16
Add — Other Assets
Description
*
Date Acquired
Character
Community Property
Separate — Petitioner
Separate — Respondent
Gross Fair Market Value
$
Debt / Encumbrance
$
Assign To
Petitioner
50/50 Split
Respondent
Debts — Items 19–24
19
Student Loans
Add
No items yet.
19
Add — Student Loans
Description
*
Date Acquired
Character
Community Property
Separate — Petitioner
Separate — Respondent
Amount Owed
$
Assign To
Petitioner
50/50 Split
Respondent
20
Taxes
Add
No items yet.
20
Add — Taxes
Description
*
Date Acquired
Character
Community Property
Separate — Petitioner
Separate — Respondent
Amount Owed
$
Assign To
Petitioner
50/50 Split
Respondent
21
Support Arrearages
Add
No items yet.
21
Add — Support Arrearages
Description
*
Date Acquired
Character
Community Property
Separate — Petitioner
Separate — Respondent
Amount Owed
$
Assign To
Petitioner
50/50 Split
Respondent
22
Loans — Unsecured
Add
No items yet.
22
Add — Loans — Unsecured
Description
*
Date Acquired
Character
Community Property
Separate — Petitioner
Separate — Respondent
Amount Owed
$
Assign To
Petitioner
50/50 Split
Respondent
23
Credit Cards
Add
No items yet.
23
Add — Credit Cards
Description
*
Date Acquired
Character
Community Property
Separate — Petitioner
Separate — Respondent
Amount Owed
$
Assign To
Petitioner
50/50 Split
Respondent
24
Other Debts
Add
No items yet.
24
Add — Other Debts
Description
*
Date Acquired
Character
Community Property
Separate — Petitioner
Separate — Respondent
Amount Owed
$
Assign To
Petitioner
50/50 Split
Respondent