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What Information Should a Divorce Property Schedule Contain?

A professional draft property schedule contains item numbers, asset descriptions, acquisition dates, FMV valuations, characterization assertions, proposed allocations, and equalization offsets.

⚖️ Legal Disclaimer: PE Proper is educational and workflow organization software. Content in this Knowledge Center is provided for general informational purposes only and does not constitute legal advice, Marital property division rules, tax consequences, and judicial precedents vary by jurisdiction. We highly recommend consulting a qualified family law attorney or legal firm in your state for advice regarding your specific case.

Key Columns of a Professional Property Schedule

Whether prepared for settlement negotiation or attorney review, a property schedule must present clear, transparent financial columns:

Required Schedule Columns

Column Header	Required Data & Purpose
Item # & Description	Unique sequential identifier and detailed description.
Acquisition & Funding	Date acquired and source of funds (community vs separate).
Fair Market Value (FMV)	Current used resale value agreed or asserted.
Liabilities & Encumbrances	Mortgages or liens secured against the asset.
Net Value & Proposed Allocation	Net value assigned to Spouse A or Spouse B.
Equalization Offset Summary	Resulting net balance and calculated equalization payment.

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Related Knowledge Guides

Equalization Math

What Is Divorce Property Equalization?

Inventory Management

How to Create a Divorce Personal Property Inventory

Valuation & Appraisals

How to Value Household Property During Divorce

Division Tactics

How to Divide Furniture and Household Items During Divorce

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