Middlesex Massachusetts Sample Letter for Divorce - List of Liabilities and Assets

• Category: Letters - Legal - Divorce
• State: Multi-State
• County: Middlesex
• Control #: US-0397LTR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form.

Middlesex Massachusetts Sample Letter for Divorce — List of Marital Liabilities and Assets: [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Spouse's Name] [Spouse's Address] [City, State, ZIP] Subject: Separation Agreement — List of Liabilities and Assets Dear [Spouse's Name], I hope this letter finds you well. As we continue to navigate through the process of our divorce, it is essential to address the division of our marital liabilities and assets. The purpose of this letter is to provide a comprehensive list of all such obligations and assets in order to facilitate a fair and straightforward settlement. This list is prepared with the intention to highlight our shared assets and liabilities, which will enable us to fairly divide them. It is crucial to note that this document is not exhaustive, and any additional assets or liabilities discovered later will also be considered during the settlement proceedings. Liabilities: 1. Mortgage Debt: — Property Address: [Provide property address] — Mortgage Lender: [Name of the mortgage lender] — Amount Owed: [Specify the outstanding amount] — Account Number: [Mortgage account number] 2. Credit Card Debts: — Creditor's Name: [Name of the credit card issuer] — Account Number: [Credit card account number] — Outstanding Balance: [Specify the amount owed] — Responsibility: [Indicate who will assume responsibility for the debt] 3. Auto Loans: — Vehicle Make, Model: [Specify vehicle details] — Lender's Name: [Name of the auto loan lender] — Loan Account Number: [Auto loan account number] — Outstanding Balance: [Specify the amount owed] — Responsibility: [Indicate who will have ownership and responsibility for the vehicle] Assets: 1. Real Property: — Property Address: [Provide property address] — Date of Purchase: [Date when the property was acquired] — Fair Market Value: [Provide an estimated current value] — Amount Owed (if any): [Specify if there is any outstanding mortgage] 2. Bank Accounts: — Bank Name: [Name of the bank— - Account Number: [Account number] — Current Balance: [Specify the current balance] 3. Retirement Accounts: — Account Holder's Name: [Name of the account holder] — Account Type: [Specify the type of retirement account, e.g., IRA, 401(k)] — Account Number: [Account number— - Current Balance: [Specify the current balance] 4. Investments: — Type of Investment: [Specify the type of investment] — Investment Firm: [Name of the investment firm] — Current Balance: [Specify the current value of the investment] 5. Vehicles: — Vehicle Make, Model: [Specify vehicle details, e.g., make, model, year] — Vehicle Identification Number (VIN): [VIN number] — Current Market Value: [Provide an estimated current value] Please review this list carefully, ensuring its accuracy and completeness. Once we agree on the division of liabilities and assets, we can proceed with the necessary legal documentation to formalize our divorce settlement. If you have any questions or suggestions regarding this list, I encourage you to reach out to me. My aim is to work together to achieve an equitable and amicable resolution. Thank you for your cooperation in this matter. I look forward to discussing this list and finalizing our separation agreement soon. Yours sincerely, [Your Name]