What Is a Divorce Asset Inventory?

A divorce asset inventory is a comprehensive, sworn financial disclosure form detailing all real estate, vehicles, financial accounts, personal property, and debts owned by divorcing spouses.

Sworn Financial Disclosure Schedules

A Divorce Asset Inventory (often called a Schedule of Assets and Debts or Inventory & Appraisement) is a mandatory court filing in which divorcing parties must disclose under penalty of perjury all property rights and financial obligations.

Mandatory Disclosure Requirements

Family law procedural rules require complete, candid disclosure. Concealing or intentionally under-reporting assets can lead to severe court sanctions, including awarding 100% of the hidden asset to the other spouse plus attorney fees.

Key Sections of a Complete Asset Inventory

1. Real Estate: Marital residence, vacation homes, rental properties, land.
2. Vehicles & Vessels: Automobiles, motorcycles, RVs, boats, aircraft.
3. Bank & Financial Accounts: Checking, savings, CDs, money market accounts.
4. Retirement & Investment Accounts: 401(k)s, IRAs, stock portfolios, crypto assets.
5. Personal Property & Household Goods: Furniture, electronics, art, tools, jewelry.
6. Business Interests: LLC shares, partnerships, professional practices.
7. Debts & Liabilities: Mortgages, auto loans, credit cards, tax liens, student loans.

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