About This Worksheet
Worksheet for proposing fair division of marital property including real estate, vehicles, accounts, and personal property.
This worksheet helps you organize and calculate the key information for property division worksheet. Fill in each section carefully. Use the calculation areas to verify your numbers before transferring them to the official form.
How to Complete This Worksheet
- Print this worksheet or use it on screen.
- Complete each section in order.
- Use a calculator for all math. Do not estimate.
- Double-check every calculation before moving to the next section.
- Transfer final figures to your official form when complete.
- Keep this worksheet with your records.
Property Division Worksheet Calculations
Enter your figures for property division worksheet below. Pull numbers from official documents, not estimates.
Property Division Worksheet
| A. | Current assessed value of your property | $ ________ |
| B. | Your estimated fair market value based on comparable sales | $ ________ |
| C. | Difference between assessed and estimated value (A minus B) | $ ________ |
| D. | Current tax rate (mills or percentage) | % ________ |
| E. | Tax you are currently paying (A x D) | $ ________ |
| F. | Tax you should be paying (B x D) | $ ________ |
| G. | Annual tax savings if appeal is successful (E minus F) | $ ________ |
| H. | Cost of appraisal (if getting one) | $ ________ |
| I. | Appeal filing fee | $ ________ |
| J. | Net savings first year (G minus H minus I) | $ ________ |
Your Information
Enter your details as they appear on your official documents.
As it appears on your government ID.
Today's date, MM/DD/YYYY.
From prior property division worksheet filings. Write N/A if none.
Additional Notes
Record any other information relevant to your property division worksheet calculations.
Verification
Before transferring figures to your official form, confirm:
- All figures are accurate and match your source documents.
- All calculations have been double-checked with a calculator.
- Names and dates match your official identification.
- Information is consistent with requirements for property division worksheet.