Free JUDGMENT OF PARTITION OF COMMUNITY - Louisiana

The Family Court of East Baton Rouge Parish, State of Louisiana

JUDGMENT OF PARTITION OF COMMUNITY
PREAMBLE
IT IS ORDERED, ADJUDGED, AND DECREED that the values of the community assets are as follows:

I.
DESCRIPTION A. Immovable Property 1. Home

ASSETS
VALUE $81,250.00

B. Movable Property 1. 1985 IROC Z-28 Camaro 2. Receipts from Rent 3. Ethan Allen Buffet 4. Ethan Allen Dining Room Set 5. Ethan Allen Furniture 6. Ethan Allen Night Tables (2) 7. Ethan Allen Drop Leaf Table 8. Mahogany Dining Room Mirror 9. RCA 25" Color TV 10. Noritake China & Crystal 11. Refrigerator 12. Upright Freezer 13. Pots, Pans etc., 14. Ethan Allen Kitchen Set 15. Ethan Allen Rocking Chair 16. Southern New England Telephone Stock 17. Washer/Dryer 18. Microwave Oven 19. Oriental Rugs 20. Exxon Thrift Plan Total Assets

$ 5,000.00 6255.16 800.00 1,000.00 800.00 300.00 100.00 300.00 150.00 600.00 200.00 150.00 50.00 350.00 150.00 6,065.00 100.00 0.00 200.00 16,670.03 $120,490.19

II.

LIABILITIES $34,000.00 65,260.00 18,195.33 $117,455.33

1. Home Mortgage 2. Notes Payable (M/M Smith) 3. Payable to Separate Estate of Robert Smith Total Liabilities

_____________________________________________________________
Net Community ($3034.86)

Form M, Judgement on Issues of Law and Classification Page 1 Form revised: April, 2003

The Family Court of East Baton Rouge Parish, State of Louisiana IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that Reimbursements for payments of community debts out of separate funds of the parties are the following: Net Reimbursements Due from Jane Smith to Robert Smith $3,719.38 Less Net Reimbursements Due from Robert to Jane $1,250.00

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that the allocations and assessment of reimbursements results in the following: I. ASSETS DESCRIPTION A. Immovable Property 1. Home ROBERT $81,250.00 JANE TOTAL $81,250.00

B. Movable Property 1. 1985 IROC Z-28 Camaro 5,000.00 2. Receipts from Rent 3,127.58 3. Ethan Allen Buffet 800.00 4. Ethan Allen Dining Room Set 1,000.00 5. Ethan Allen Furniture 800.00 6. Ethan Allen Night Tables (2) 300.00 7. Ethan Allen Drop Leaf Table 100.00 8. Mahogany Dining Room Mirror 300.00 9. RCA 25" Color TV 150.00 10. Noritake China & Crystal 600.00 11. Refrigerator 200.00 12. Upright Freezer 150.00 13. Pots, Pans etc., 50.00 14. Ethan Allen Kitchen Set 350.00 15. Ethan Allen Rocking Chair 150.00 16. Southern New England Stock 6,065.00 17. Washer/Dryer 100.00 18. Microwave Oven 0.00 19. Oriental Rugs 20. Exxon Thrift Plan 16,670.03 Total Assets $117,162.61 II. LIABILITIES 1. Home Mortgage 2. Notes Payable (M/M Smith) 3. Payable to Separate Estate of Robert Smith Total Liabilities Net Community $34,000.00 65,260.00 18,195.33 $117,455.33 ($292.72)

3,127.58

0.00 200.00 $3,327.58

5,000.00 6,255.16 800.00 1,000.00 800.00 300.00 100.00 300.00 150.00 600.00 200.00 150.00 50.00 350.00 150.00 6,065.00 100.00 0.00 200.00 16,670.03 $120,490.19

$34,000.00 65,260.00 18,195.33 $117,455.33 $3,034.86

0.00 $3,327.58

Amount to Equalize from Jane Smith to Robert Smith $1,809.97 ($1,809.97) Net Received By Each After Equalization $1,517.43 $1,517.43 Per Above Amount From Jane to Robert to Equalize Add: Net Reimbursement Due From Jane to Robert Less: Net Reimbursement Due From Robert to Jane Net Cash Due From Jane to Robert
Form M, Judgement on Issues of Law and Classification Page 2 Form revised: April, 2003

0.00 $3,034.86 $1,809.97 $3,719.38 $1,250.00 $4,279.35

The Family Court of East Baton Rouge Parish, State of Louisiana

IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that the sum needed to equalize the share of Husband, to wit: $4,279.35 shall be paid by wife signing a promissory note in the amount of $4,279.35,on or before five days following the signing of this Judgment, said note shall be secured by the execution of a mortgage encumbering _____________________, which mortgage shall also be executed within five days of the signing of this Judgment. IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that the cost of the appraiser of the immovable property in the amount of $300.00, and the appraiser of the movable property in the amount of $200.00, and the costs of the proceedings, shall be paid by both parties' payment of one-half (1/2) of the total of such costs. JUDGMENT READ, RENDERED, AND SIGNED, on this ____________ day of _____________________________ , year _________, at Baton Rouge, Louisiana. ____________________________________
Judge, The Family Court

________________________________
Approved

______________________________________
Approved

ADDITIONAL ASPECTS OF THE JUDGMENT ON THE MERITS
1. In the event there are retirements, the Judgment should also provide: IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that a Qualified Domestic Relations Order shall be presented to the Court, recognizing the interest of _______________________ in the ___________________ (retirement plan), within ten (10) days of the signing of the Judgment. 2. In the event there is to be a private sale property, specific terms should be set, e.g., the names of the realtor or if movable property , agent selling the property or if it is one of the parties, the listing price, how the price is to be determined, the duration of the listing agreement, or attempts to sell. The requirement that the listing agreement be renewed unless good cause can be shown to the Court why another agent should be selected, and a method by which the parties will agree to a lesser figure that the listing price if they cannot agree on a reduction. The Court should retain jurisdiction until the final allocation can be made following the sale(s).

Form M, Judgement on Issues of Law and Classification Page 3 Form revised: April, 2003