Also known as: Rule 8.3
Written by attorneys · grounded in primary & secondary sources — see below
A mandatory filing in marital dissolution proceedings that requires each party to itemize all assets and liabilities along with their estimated values. The listing supplies the factual basis for the court's property division and supports findings on the conscionability of premarital agreements.
Select any source to read its text and confirm it supports the definition.
Rebecca Ross and Roger Ramirez each submit a Rule 8.3 Property and Debt Listing in their divorce. Rebecca lists the marital home at a low value while Roger lists it higher. The court relies on the conflicting valuations to determine whether the prenuptial agreement is conscionable and to allocate the assets.
Rhea Reynolds and Ravi Reddy file their Rule 8.3 Property and Debt Listings showing separate credit card balances. The trial court orders each party to pay the debts listed under their own name and uses the filings to confirm that neither party concealed assets before entering the final decree.
Each party must list all assets and debts with estimated values so the court can make complete findings on property division and evaluate challenges to premarital agreements.
Supporting sources
The court may accept the parties' valuations or make its own findings, but the listing itself supplies the factual record the court uses to divide property.
Supporting sources