California Form FL-142: Schedule of Assets and Debts

Official title

Schedule of Assets and Debts

Issued by

Judicial Council of California

Revision

Rev. July 1, 2025

Use

Optional

Official PDF

FL-142 on www.courts.ca.gov

The disclosure packet is nearly ready, but an account held in one spouse's name still belongs on the schedule. FL-142 tells the person completing it to list all known community and separate assets or debts, including assets held by someone else or by a spouse. It is an attachment to FL-140, the Declaration of Disclosure; FL-160, Property Declaration, may be used instead.

The current FL-142 became effective July 1, 2025. It is four pages, and its footer reads “Form Approved for Optional Use, FL-142 [Rev. July 1, 2025].” The footer cites Code of Civil Procedure sections 2030.010–2030.310 and Family Code sections 2100–2113. California Courts Self-Help also lists fl142s.pdf as the Spanish version.

If FL-142 is optional, is the asset-and-debt list optional?

No. “Optional use” refers to the choice of schedule: California Courts says FL-160 may be used instead. FL-142's own instruction is to list all known community and separate assets or debts. A person claiming that an entry is separate property puts P for Petitioner or R for Respondent in the first column to identify who is claimed to own it.

The asset pages then ask for the date acquired, current gross fair market value, and amount of money owed or encumbrance. Values are as of the signing date unless the description gives another valuation date. The debt page uses separate-property, total-owing, and date-acquired columns. Additional pages may be attached as continuation sheets and numbered to identify the continued item.

Which asset categories appear on the form?

Items 1–10 are “REAL ESTATE”; “HOUSEHOLD FURNITURE, FURNISHINGS, APPLIANCES”; “JEWELRY, ANTIQUES, ART, COIN COLLECTIONS, etc.”; “VEHICLES, BOATS, TRAILERS”; “SAVINGS ACCOUNTS”; “CHECKING ACCOUNTS”; “CREDIT UNION, OTHER DEPOSIT ACCOUNTS”; “CASH”; “TAX REFUND”; and “LIFE INSURANCE WITH CASH SURRENDER OR LOAN VALUE.”

Items 11–18 are “STOCKS, BONDS, SECURED NOTES, MUTUAL FUNDS”; “RETIREMENT AND PENSIONS”; “PROFIT - SHARING, ANNUITIES, IRAS, DEFERRED COMPENSATION”; “ACCOUNTS RECEIVABLE AND UNSECURED NOTES”; “PARTNERSHIPS AND OTHER BUSINESS INTERESTS”; “OTHER ASSETS”; “TOTAL ASSETS FROM CONTINUATION SHEET”; and “TOTAL ASSETS.”

Which debts and supporting records does FL-142 name?

The debt page labels items 19–26 as “STUDENT LOANS”; “TAXES”; “SUPPORT ARREARAGES”; “LOANS—UNSECURED”; “CREDIT CARDS”; “OTHER DEBTS”; “TOTAL DEBTS FROM CONTINUATION SHEET”; and “TOTAL DEBTS.” It asks for details on student loans and taxes, and identifies the creditor and account information to provide for unsecured loans and credit cards.

The printed attachment prompts are specific. Real estate calls for deeds with legal descriptions and the latest lender's statement; vehicles, boats, and trailers call for a title document. Savings, checking, other deposit, profit-sharing, annuity, IRA, deferred-compensation, unsecured- loan, and credit-card entries call for the latest statement. Life insurance calls for each policy's declaration page. Stocks and related holdings call for the certificate or latest statement. Retirement and pensions call for the latest summary plan documents and benefit statement. Accounts receivable and unsecured notes call for a copy of each; business interests call for the most current K-1 and Schedule C; support arrearages call for orders and statements.

Where does FL-142 go after it is completed?

The form says, “THIS FORM SHOULD NOT BE FILED WITH THE COURT.” In a preliminary disclosure, the FL-140 cover, FL-142 or FL-160, FL-150, and the other material named on FL-140 are served on the other party. FL-141 is filed with the court to report that service. Family Code section 2104 sets the preliminary timing: the petitioner serves with the petition or within 60 days after filing; the respondent serves with the response or within 60 days after filing it, subject to a written agreement or court order extending the period.

For a packet with a disputed ownership label, missing valuation record, or business-interest entry, a limited-scope review can stay focused on the schedule before it is served. AttorneyIndex is a directory; readers may browse family law attorneys in Los Angeles without the directory selecting or recommending one.

Common questions

What is California form FL-142?

FL-142 is the four-page Schedule of Assets and Debts. It lists known community and separate assets and debts and is used as an attachment to FL-140, the Declaration of Disclosure.

Does optional use mean listing assets is optional?

No. Optional use means FL-160, Property Declaration, may be used instead of FL-142. FL-142 itself instructs the person completing it to list all known community and separate assets or debts.

Is FL-142 filed with the court?

No. The form says it should not be filed with the court. The disclosure set is served on the other party; FL-141 is the document filed to report that service.

What valuation date does FL-142 use?

The form says all values should be as of the date the declaration is signed unless a different valuation date is specified in the asset description.

Is FL-142 available in Spanish?

California Courts Self-Help lists fl142s.pdf as the Spanish version. The current FL-142 became effective July 1, 2025.

Sources

Checked on September 22, 2026. Where this page and a court’s own published material disagree, the court is authoritative.

• Judicial Council of California — Form FL-142 (opens in a new tab)
• California Courts Self-Help — Form FL-142 information (opens in a new tab)
• Family Code section 2104 — preliminary declaration of disclosure (opens in a new tab)
• Code of Civil Procedure section 2030.010 — civil discovery provisions cited on FL-142 (opens in a new tab)