Financial Disclosure Worksheet

 

 

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The following is not a substitute for the forms you'll need to download from the Macomb Circuit Court website; these are highlights that do not capture all form questions). But we've found this aspect of litigation to be one on which more attention needs to be paid: It clarifies and locks things down early, and, as a result, more likely based on what "is" (or so the thinking goes).

 

> Confidential Asset Disclosure Sheet

 
"This sheet must be signed by each party and their attorney and be delivered to the other party as required by the discovery/scheduling order or other order of the Court. All values are to be fair market value at the time this sheet is signed. Attach additional sheets, if necessary."
 

How
Titled

Estimated
FMV
Encumbrance Net
Value
 
Real Estate
 
Marital Home      
Vacation Home      
Other      
 
Cash on Hand
 
Cash      
Savings      
Checking      
Other      
 
Investments
 
Stocks      
Bonds      
Mutual Funds      
Certificates of Deposit      
Profit Sharing      
Other      
 
Retirement Savings
 
Pension      
IRA      
401(k)      
Annuities      
Insurance      
 
Business Interests
 
Business 1      
Business 2      
Other      
 
Beneficial Interests (trusts, estates, and powers of attorney)
 
 

 

   
 
Automobiles
 
Auto 1      
Auto 2      
Other      
 
Personal Property (in order of highest value)
 
1:      
2:      
3:      
4:      
5: Other (summarize value of any additional personal property):
     
 
"VERIFICATION UNDER MCR 2.114(2)(b): I declare that the statements above are true to the best of my information, knowledge and belief. I understand that any misrepresentation or failure to disclose may result in a sanction under MCR 2.114 as well as consequences such as those imposed in Sands v Sands, 192 Mich App 698 (1992); affd 442 Mich 30 (1993)."
 

> Confidential Liability Disclosure Sheet

 
"This sheet must be signed by each party and their attorney and be delivered to the other party as required by the discovery/scheduling order or other order of the Court. Attach additional sheets, if necessary."
 
Liability Amount Party Responsible
 
 

 

   
 

Information on this page has been extensively quoted from the Macomb County website which is "public domain." Updated on divorcePeers.com November 18, 2002.
 

> List of Divorce Peers and off-site links: Macomb County, Michigan (MI)

 

> List of all Divorce Court resources

"The Messy (Legal) Steps of Divorce"
After Your Judgment of Divorce
Attorneys' Roles in Mediation
Child Custody and the "100-Mile Rule"
Divorce Court - "Forget Me Not" Program for Never Married Parents
Divorce Court - "Reasonable" Parenting Time, Defined
Divorce Court - "SMILE" Program Description, Advice
Divorce Court - Analysis of "Best Interests of the Minor Child"
Divorce Court - Legal Divorce Process
Divorce Court - Mediation Overview
Divorce Court - Michigan Compiled Laws (MCL)
Divorce Court - Michigan Compiled Laws (MCL)
Divorce Court - Michigan Court Rules (MCR), pro per advice
Divorce Court - Michigan Friend of the Court Bureau
Divorce Court - Michigan: One Court of Justice
Divorce Court - Parenting Time Make-Up Policy
Divorce Court - Property division precedents
Divorce statistics - Michigan Divorces, Wayne County (MI)
Eavesdropping between Divorced Parents
In Favor of Mediation
One Mediator's Life as a Parent
Title to Property: Words Determine Rights
Why Not Date During Divorce?

 

 

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