LCR 16B. ASSETS AND DEBTS IN MARRIAGE DISSOLUTION AND SIMILAR CASES (a) Statement Required. Not later than noon on the court day before the day on which an action for dissolution of marriage, dissolution of a registered domestic partnership, division of assets of a committed intimate relationship, or similar case, is called for trial, when there exists a dispute between the parties regarding the characterization, valuation or distribution of any asset or debt, each party shall file with the trial judge and serve on the other party a statement in spreadsheet format of all assets and debts of the parties within the court's jurisdiction. (b) Contents of Statement. (1) Assets. The statement shall sequentially number and identify each asset with sufficient particularity to distinguish it from other assets of the same type. As to each asset, the statement shall set forth, unless unknown to the party, the following information: date, manner and cost of acquisition; the party's characterization of the asset as community (or "shared") or separate property, and if separate, the basis for that claim; present fair market value; and proposed distribution by the court. The statement shall separately identify any asset in the possession of either party claimed to be the property of a third person, in whole or in part. (2) Debts. The statement shall sequentially number and specifically identify (including creditor and account number) each debt claimed to be owed by either party or both. As to each debt, the statement shall set forth, unless unknown to the party, the following information: the date(s) on which the debt was incurred, the purpose for which it was incurred, any security given for the debt; the balance owed at the time of trial and at the time of separation; payments made by either party after separation; whether, and to what extent, the debt is claimed to be the separate or individual debt of either party; and the proposed distribution by the court. (3) Other relief. Each party's statement shall also set forth any other financial relief requested, other than child support, including a monetary judgment to balance the division of assets and debts, spousal maintenance, and award of costs and attorney fees. [Adopted as LR 15 September 1, 2005; amended and re-numbered effective September 1, 2012]
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