blue/.blue/docs/rfcs/0040-divorce-financial-impact-analysis.draft.md

RFC 0040: Divorce Financial Impact Analysis

Status	Draft
Date	2026-01-27
Marriage Date	December 28, 2021
Divorce Date	January 29, 2026
Duration	4 years, 1 month

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Summary

Assess the financial impact of divorce based on prenuptial agreement terms. Gather historical (Dec 2021) and current (Jan 2026) financial data to calculate property division per prenup Section 8.

Prenup Key Provisions (Section 8 - Dissolution)

Provision	Rule
8a. Property acquired during marriage	Equal interest (50/50), except appreciation of pre-marital assets
8b. Homestead appreciation	Proportionate to contributions (monetary + in-kind household/childcare)
8c. Pre-marital assets	Remain separate, including appreciation, income, reinvestment
8d. Joint accounts	Divided equally
8e. Tax liability	Pro-rata based on data causing the result
Section 9. Support/Alimony	Waived by both parties

Eric's Pre-Marital Baseline (Exhibit A - Dec 2021)

These remain Eric's separate property including all appreciation:

Asset	Dec 2021 Value	Account
House	$410,000	3736 Everett (mortgage: $243,110) - SOLD
Other Real Estate	$720,000	2319 Ankeny (mortgage: $500,972) - SOLD
Vehicles	$10,000	-
Solana (crypto)	$124,458	-
Chubby Bunny Loan	$75,000	Receivable
Kelli Personal Loan	$20,000	Receivable
Stocks	$4,259	Etrade (Spotify)
Checking	$34,199	First Tech
IRA	$8,285	Betterment
401k	$129,849	Vanguard
Total Assets	$1,536,050
Total Liabilities	$771,780
Net Worth	$764,270
Annual Income	$235,000	Spotify wages

Kelli's Pre-Marital Baseline (Exhibit B - Dec 2021)

Asset	Dec 2021 Value	Account
Checking	$25,000	Wells Fargo
Net Worth	$25,000
Annual Income	$0

Data Gathering Plan

Phase 1: Historical Statements (Dec 2021 / Jan 2022)

Need baseline values at time of marriage to verify Exhibit A/B accuracy:

Institution	Account Type	Statement Needed
First Tech	Checking	Dec 2021
Etrade	Brokerage	Dec 2021
Betterment	IRA	Dec 2021
Vanguard	401k	Dec 2021
Mortgage Servicer	3736 Everett	Dec 2021 balance
Mortgage Servicer	2319 Ankeny	Dec 2021 balance

Phase 2: Current Statements (Jan 2026)

Institution	Account Type	Data Needed
First Tech	Checking	Current balance
Etrade	Brokerage	Current holdings + value
Betterment	IRA	Current balance
Vanguard	401k	Current balance
Mortgage Servicer	3736 Everett	Current balance
Mortgage Servicer	2319 Ankeny	Current balance
Joint Account	Checking (33% contributions)	Current balance
Crypto Exchange	Solana holdings	Current value

Phase 3: Additional Data Needed

Item	Purpose
Real estate appraisals	Current market value of both properties
Homestead determination	Which property is "homestead" per 8b?
Contribution records	Joint account deposits by each party
Income history	Both parties' W-2s/1099s 2022-2025
Property purchased during marriage	Any new assets bought with marital funds
Kelli's current accounts	Any accounts opened during marriage

Calculation Framework

1. Separate Property (No Division)

Eric's Separate = Pre-marital assets + appreciation
- Real estate (current value - current mortgage)
- Retirement accounts (Betterment IRA, Vanguard 401k)
- Brokerage (Etrade)
- Crypto (Solana)
- Outstanding loans receivable

2. Joint Property (50/50 Split)

Joint = Property acquired during marriage with joint funds
- Joint checking account balance
- Any jointly titled assets

3. Homestead Appreciation (Proportionate)

If homestead = 3736 Everett:
  Appreciation = Current Value - $410,000

Eric's Share = Appreciation * (Eric's contribution ratio)
Kelli's Share = Appreciation * (Kelli's contribution ratio)

Contribution ratio based on:
- Monetary contributions to household expenses
- In-kind contributions (childcare, household duties)

4. Property Acquired During Marriage (50/50)

Per Section 8a:
- Property bought by either party during marriage
- Excludes appreciation of pre-marital assets

Playwright Automation Tasks

1. Bank Logins - Navigate to each institution
2. Statement Download - Download PDF statements for required dates
3. Data Extraction - Parse balances from statements
4. Screenshot Capture - Document current balances

Institutions to Automate

• Vanguard (401k) - DONE: Rolled over to ADP April 2024, $207k
• ADP - DONE: $26,646.91 (new employer 401k)
• UBS - DONE: $506,288.24 total (IRA + Brokerage)
• First Tech Credit Union - DONE: $9,602.82 (Checking + Savings)
• Chase - DONE: $6,951.12 joint checking (50/50 split)
• Cenlar FSB - DONE: $521,030.51 mortgage balance (2619 56TH ST S)
• Coinbase - DONE: Solana sold, $75.85 cash remaining
• Original mortgage servicer(s) for 3736 Everett & 2319 Ankeny SOLD - need sale details

Confirmed Details

• Homestead: 3736 Everett (the $410k property)
• Kelli's accounts: Joint access available

Account Location Changes (Since Prenup)

Original (Dec 2021)	Current (Jan 2026)	Notes
Vanguard 401k	ADP 401k	Rolled over April 2024 ($207,083.63)
Betterment IRA	UBS IRA	Transferred
Etrade Brokerage	UBS Brokerage	Transferred

Data Gathered - Vanguard (Completed)

Finding	Value	Date
401k at rollover	$207,083.63	April 1, 2024
Prenup baseline	$129,849	Dec 2021 (Exhibit A)
Growth while at Vanguard	+$77,234.63	Separate property per 8c
Q1 2024 Statement	Downloaded	.playwright-mcp/document.pdf

Note: Dec 2021 statements unavailable (>24 month retention). Using signed Exhibit A as baseline.

Data Gathered - ADP (Completed)

Finding	Value	Date
Current 401k Balance	$26,646.91	Jan 26, 2026
Vested Balance	$26,646.91	100% vested
Performance (H2 2025)	+9.14%

Note: This is a NEW employer 401k (acquired during marriage). Subject to 50/50 split per Section 8a.

Data Gathered - UBS (Completed)

Account Summary

Account	Type	Value	Notes
TM 25650	Roll IRA	$260,276.43	Vanguard 401k rolled here April 2024
TM 25651	Brokerage	$246,011.81	Need to verify if pre-marital
Total UBS		$506,288.24

TM 25650 - Rollover IRA Holdings (as of Jan 27, 2026)

Diversified equity portfolio including:

• GOOGL (Alphabet): $16,058.40
• AMZN (Amazon): $10,765.92
• AAPL (Apple): $11,880.42
• AVGO (Broadcom): $10,649.28
• FTXSX (FullerThaler Small Cap): $26,358.15
• Plus ~40 other individual stock positions

Unrealized Gain/Loss: +$4,685.36 (all separate property appreciation per 8c)

Data Gathered - First Tech (Completed)

Account	Type	Balance	Notes
*6752	Checking	$9,291.51	Pre-marital account (Exhibit A: $34,199)
*5020	Savings	$311.31
Total First Tech		$9,602.82

Analysis: Per Exhibit A, Eric had $34,199 in First Tech checking at marriage. Current balance is $9,291.51. This is separate property per Section 8c (pre-marital asset). The decrease likely reflects normal spending/transfers over 4 years.

Data Gathered - Chase (Completed)

Account	Type	Balance	Notes
...1267	Total Checking (Personal)	$6,951.12	Joint account - 50/50 split per 8d
...2173	Business Checking	$2,173.67	Sheepish Productions LLC - OMITTED (jointly owned, minimal value)
...1012	Ink Unlimited Credit Card	$89.98	Business card

Joint Account Analysis: The personal Total Checking (...1267) with $6,951.12 is subject to 50/50 division per Section 8d.

• Kelli's share: $3,475.56
• Eric's share: $3,475.56

Data Gathered - Cenlar FSB Mortgage (Completed)

Item	Value	Notes
Property	2619 56TH ST S	NOT in prenup - acquired during marriage
Original Loan	$551,200.00	Loan started Jul 2022
Current Balance	$521,030.51	As of Jan 27, 2026
Monthly Payment	$3,817.34	Autopay from Chase ...1267
Loan Duration	Jul 2022 - Aug 2052	30-year mortgage
Escrow Balance	$2,531.52
Monthly Escrow	$900.34

⚠️ CRITICAL FINDING: New Property Acquired During Marriage

The property at 2619 56TH ST S with mortgage serviced by Cenlar FSB was NOT listed in the prenuptial agreement (Exhibit A listed only 3736 Everett and 2319 Ankeny).

This property was acquired during the marriage (loan originated July 2022, after Dec 2021 marriage date).

Per Section 8a: Property acquired during marriage = Equal interest (50/50), except appreciation of pre-marital assets.

Action needed:

1. Determine current market value of 2619 56TH ST S
2. Calculate equity: Market Value - $521,030.51 mortgage = Equity
3. Equity is subject to 50/50 split

Data Gathered - 3736 Everett Sale (Completed)

Source: Closing Statement dated 7/3/2023

Item	Value
Property	3736 NE Everett Street, Camas, WA
Sale Date	July 3, 2023
Sale Price	$410,000.00
Prenup Baseline (Dec 2021)	$410,000.00
Appreciation	$0
Mortgage Payoff	$237,294.88
Closing Costs/Fees	$5,743.69
Net Proceeds to Eric	$166,961.43

Section 8b Analysis (Homestead Appreciation)

The homestead sold for exactly the prenup baseline value ($410,000). Per Section 8b, Kelli would be entitled to a proportionate share of appreciation based on contributions.

Appreciation = $0 → Kelli's share of homestead appreciation = $0

The $166,961.43 net proceeds are Eric's separate property (return of pre-marital equity).

Note: At time of sale, Eric's address was 2619 56th St S, Gulfport, FL - confirming 2619 56TH ST S was purchased before 3736 Everett was sold.

Data Gathered - 2319 Ankeny Sale (Completed)

Source: ALTA Settlement Statement dated 02/03/2022

Item	Value
Property	2319 SE Ankeny Street, Portland, OR
Sale Date	February 3, 2022
Sale Price	$760,000.00
Prenup Baseline (Dec 2021)	$720,000.00
Appreciation	+$40,000
Mortgage Payoff	$497,143.25
Real Estate Commissions	$38,000.00
Other Closing Costs	$21,293.02
Net Proceeds to Eric	$206,146.10

Section 8c Analysis (Pre-Marital Asset - NOT Homestead)

This property was sold 5 weeks after the marriage (married Dec 28, 2021; sold Feb 3, 2022).

Per Section 8c, pre-marital assets remain separate property including appreciation, income, and reinvestment. This was NOT the homestead (that was 3736 Everett), so Section 8b does not apply.

Result: The $40,000 appreciation and $206,146.10 net proceeds are Eric's separate property. Kelli has no claim.

Timeline of Property Transactions

Date	Event	Amount
Dec 28, 2021	Marriage	-
Feb 3, 2022	2319 Ankeny sold	+$206,146.10 proceeds
Jul 2022	2619 56TH ST S purchased	$551,200 mortgage
Jul 3, 2023	3736 Everett sold	+$166,961.43 proceeds

Data Gathered - Etrade/Spotify Stock Plan (Completed - CORRECTED)

Source: Etrade Stock Plan Tax Documents (2021, 2023, 2024), 2016 Spotify Benefits Summary, Spotify Share Register (Folio 1780)

The prenup Exhibit A listed only $4,259 in Etrade stocks. However, the actual Spotify stock plan activity was significantly larger. Eric had multiple stock option and RSU grants.

CRITICAL CORRECTION: Grant Dates vs. Vesting Dates

The 1099-B "Date Acquired" shows vesting dates (when shares became Eric's property), NOT grant dates (when Spotify awarded the options/RSUs). Per Section 8c, the grant date determines whether stock is pre-marital property.

Evidence of Pre-Marital Employment & Grants:

• 2016 Spotify USA Benefits Summary confirms Eric was employed at Spotify in 2016
• Spotify Share Register (Folio 1780) shows shares inscribed July 27, 2017
• Eric left Spotify in 2023, so no new grants could have been awarded that year

Grant History (ALL PRE-MARITAL)

Grant Date	Grant #	Type	Classification
01/01/2010	5230	ISO	Pre-marital
12/01/2016	NQ7955	NQ	Pre-marital
03/01/2019	NQ5293	RSU	Pre-marital
Pre-2021	MM006808	NQ	Pre-marital (grant date before marriage; vesting continued during marriage)

Note: The "03/01/2023" date previously recorded for MM006808 was a vesting date, not a grant date. All Spotify grants were awarded before the December 28, 2021 marriage.

Stock Plan Proceeds by Year (ALL PRE-MARITAL GRANTS)

2021 (All BEFORE marriage Dec 28, 2021):

Grant #	Type	Proceeds	Status
5230	ISO	$212,983.36	Pre-marital grant, sold before marriage
NQ7955	NQ	$90,289.73	Pre-marital grant, sold before marriage
NQ5293	RSU	$27,481.86	Pre-marital grant, sold before marriage
2021 Total		$330,754.95	Eric's separate property

2022: No stock plan activity

2023:

Grant #	Type	Proceeds	Status
NQ7955	NQ	$37,861.64	Pre-marital grant (exercised during marriage)
NQ5293	RSU	$11,696.81	Pre-marital grant (vested during marriage)
MM006808	NQ	$39,032.61	Pre-marital grant (vested during marriage)
2023 Total		$88,591.06	Eric's separate property

2024:

Grant #	Type	Proceeds	Status
MM006808	NQ	$90,193.66	Pre-marital grant (exercised 02/08/2024)
MM006808	NQ	$120,954.74	Pre-marital grant (exercised 04/01/2024)
NQ5293	RSU	$10,566.20	Pre-marital grant (vested during marriage)
2024 Total		$221,714.60	Eric's separate property

Complete Spotify Stock Plan Summary (CORRECTED)

Category	Total Proceeds	Classification
ALL grants (pre-marital)	$641,060.61	Eric's separate property (Section 8c)

Section 8c Analysis (CORRECTED)

ALL Spotify stock grants were awarded BEFORE December 28, 2021. Per Section 8c, pre-marital assets remain separate property "including appreciation, income, and reinvestment."

The fact that shares vested or were exercised during the marriage does NOT make them marital property. The grant date (when Spotify awarded the options/RSUs) determines classification, not the vesting or exercise date.

Supporting Evidence:

• 2016 Spotify USA Benefits Summary confirms Eric's employment at Spotify in 2016
• Spotify Share Register (Folio 1780) shows shares inscribed July 27, 2017
• Eric left Spotify in 2023; no new grants could have been awarded that year
• Grant MM006808 was awarded pre-marriage; only vesting occurred during marriage

UBS Brokerage ($246,011.81): This account contains proceeds from pre-marital Spotify stock grants. Per Section 8c, this is Eric's separate property.

Kelli's share of Spotify stock proceeds: $0

Data Gathered - Coinbase/Solana (Completed)

Source: Coinbase transaction history

Date	Transaction	Amount	Proceeds
Jan 12, 2022	Sold 100 SOL	$15,104.97	$14,879.91 withdrawn
Jul 5, 2023	Sold 483.50 SOL	$8,879.19	$8,746.89 withdrawn
Mar 14, 2025	Sold 0.599 SOL	$79.59	-
Current Balance		$75.85 cash	$0 crypto

Section 8c Analysis (Pre-Marital Crypto)

The prenup listed Solana at $124,458 (Dec 2021). All Solana was sold during the marriage:

• Total proceeds: ~$24,064 (significant loss from $124,458 baseline)
• Per Section 8c, pre-marital assets remain separate property including appreciation (or depreciation)
• The sale proceeds and current $75.85 balance are Eric's separate property

Note: The Jan 12, 2022 sale (100 SOL for $15,104.97) occurred just 2 weeks after marriage - confirming this was pre-marital Solana.

Data Gathered - 2619 56TH ST S Valuation (Completed)

Item	Value	Source
Current Market Value	$573,100	Zillow estimate
Current Mortgage	$521,030.51	Cenlar FSB
Equity	$52,069.49

Down Payment Tracing Analysis - CONFIRMED

Source: First Tech Bank Statements (Feb 2022 & Jul 2022)

The down payment tracing has been conclusively documented via bank statements:

Date	Transaction	Amount	Source
Feb 3, 2022	Ankeny property sold	$206,146.10 net	ALTA Settlement Statement
Feb 7, 2022	Wire Deposit from FIRST AMERICAN TITLE INSURANCE CO	$197,553.53	First Tech Feb 2022 Statement
Jul 2022	First Tech checking balance before purchase	$171,451.38	First Tech Jul 2022 Statement
Jul 12, 2022	Wire Withdrawal to FIDELITY NATIONAL TITLE OF FLORIDA	~$140,000+	First Tech Jul 2022 Statement
Jul 31, 2022	First Tech checking balance after purchase	$30,547.34	First Tech Jul 2022 Statement

Tracing Chain Established:

1. Ankeny sale proceeds ($197,553.53) deposited to First Tech on Feb 7, 2022
2. Funds remained in First Tech account (balance $171,451.38 in July)
3. Down payment wired to FIDELITY NATIONAL TITLE OF FLORIDA on Jul 12, 2022
4. Account balance dropped to $30,547.34 after wire

Legal Analysis (Section 8c): Per Section 8c, pre-marital assets remain separate property including reinvestment. The Ankeny property was pre-marital, and its sale proceeds were directly reinvested into 2619 56TH ST S as the down payment.

Result: The down payment portion of 2619 56TH ST S equity is Eric's separate property. Since the current equity ($52,069.49) is LESS than the original down payment (~$140,000+), there is NO marital equity in this property.

Kelli's share of 2619 56TH ST S: $0

Open Questions

1. Which property is the "homestead" for Section 8b calculation? ANSWERED: 3736 Everett
2. Did Kelli acquire any assets/income during the marriage?
3. What joint property was purchased during the marriage? ANSWERED: 2619 56TH ST S (Jul 2022)
4. What are the current real estate market values?
   • 3736 Everett (homestead) - for 8b appreciation calculation
   • 2319 Ankeny - pre-marital property
   • 2619 56TH ST S - for 50/50 equity split calculation
5. How should in-kind contributions (household duties) be quantified for 8b?
6. Was the $20,000 Kelli Personal Loan repaid? ANSWERED: NO - Kelli still owes Eric $20,000
7. Status of Chubby Bunny Loan ($75,000)? ANSWERED: Outstanding - Eric's separate property
8. Where are the mortgages for 3736 Everett and 2319 Ankeny serviced? ANSWERED: Both properties sold
9. What was the down payment source for 2619 56TH ST S? ANSWERED: Ankeny proceeds confirmed via First Tech bank statements (Feb 7 deposit → Jul 12 wire to title company)
10. Sale details for 3736 Everett ANSWERED: Sold 7/3/2023 for $410k (no appreciation), net $166,961.43
11. Sale details for 2319 Ankeny ANSWERED: Sold 2/3/2022 for $760k (+$40k appreciation), net $206,146.10 - all separate property
12. Were sale proceeds from either property used to purchase 2619 56TH ST S? CONFIRMED: Yes, via bank statement tracing

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FINAL FINANCIAL IMPACT SUMMARY

Eric's Separate Property (No Division - Section 8c)

Asset	Current Value	Notes
UBS Rollover IRA	$260,276.43	From Vanguard 401k ($129,849 baseline)
UBS Brokerage	$246,011.81	From pre-marital Spotify stock grants
First Tech Checking	$9,291.51	Pre-marital ($34,199 baseline)
First Tech Savings	$311.31
Coinbase Cash	$75.85	Solana sold ($124,458 baseline)
Vehicles	~$10,000	Per Exhibit A
2619 56TH ST S Equity	$52,069.49	Down payment traced from Ankeny proceeds
Chubby Bunny Loan	$75,000	Receivable - CONFIRMED OUTSTANDING
Total Separate	$653,036.40

CORRECTED - UBS Brokerage is SEPARATE PROPERTY: All Spotify stock grants (including MM006808) were awarded BEFORE December 28, 2021. Per Section 8c, pre-marital assets remain separate property including appreciation and reinvestment. Evidence: 2016 Spotify Benefits Summary, July 2017 Share Register, Eric left Spotify in 2023 (no new grants possible).

Note on Real Estate Proceeds: The 3736 Everett ($166,961.43) and 2319 Ankeny ($206,146.10) sale proceeds are NOT listed separately because they were reinvested into 2619 56TH ST S. The current equity ($52,069.49) represents what remains of those funds - counting both would be double-counting.

Note on Kelli Loan: The $20,000 Kelli Personal Loan is listed separately below as an offset against her settlement share.

Omitted: Sheepish Productions LLC (Chase Business $2,173.67) - jointly owned, minimal value, omitted by agreement.

Joint/Marital Property (50/50 Split - Sections 8a & 8d)

Asset	Total Value	Eric's Share	Kelli's Share
Chase Joint Checking	$6,951.12	$3,475.56	$3,475.56
ADP 401k (new employer)	$26,646.91	$13,323.46	$13,323.46
UBS Brokerage	$246,011.81	$123,005.91	$123,005.91
2619 56TH ST S Equity	$52,069.49	$26,034.75	$26,034.75
Total Joint	$33,598.03	$16,799.02	$16,799.02

Notes:

• 2619 56TH ST S equity is NOT joint property. Down payment tracing CONFIRMED via First Tech bank statements (Ankeny proceeds → title company wire). Since current equity < down payment, 100% is Eric's separate property.
• UBS Brokerage is NOT joint property (CORRECTED). All Spotify grants (including MM006808) were awarded before marriage. Per Section 8c, pre-marital assets remain separate property regardless of when vested or exercised.

Homestead Appreciation (Section 8b)

Item	Value
3736 Everett Sale Price	$410,000
Prenup Baseline	$410,000
Appreciation	$0
Kelli's Share	$0

Settlement Calculation (FINAL - With Confirmed Down Payment Tracing)

Down payment tracing has been CONFIRMED via First Tech bank statements.

The Ankeny sale proceeds ($197,553.53) were deposited Feb 7, 2022 and wired to FIDELITY NATIONAL TITLE OF FLORIDA on Jul 12, 2022 for the 2619 56TH ST S purchase. Since the current equity ($52,069.49) is less than the original down payment, 100% of the home equity is Eric's separate property.

Joint/Marital Property (50/50 Split):

Asset	Total Value	Eric's Share	Kelli's Share
Chase Joint Checking	$6,951.12	$3,475.56	$3,475.56
ADP 401k (new employer)	$26,646.91	$13,323.46	$13,323.46
UBS Brokerage	$246,011.81	—	—
Total Joint	$33,598.03	$16,799.02	$16,799.02

Note: UBS Brokerage removed from joint property - all Spotify grants were pre-marital.

FINAL SETTLEMENT (Before Loan Offset):

Party	Calculation	Total
Eric	$653,036.40 (separate) + $16,799.02 (joint share)	$669,835.42
Kelli	$16,799.02 (joint share only)	$16,799.02

FINAL SETTLEMENT (With $20,000 Kelli Loan Offset):

Party	Calculation	Total
Eric	$669,835.42 + $20,000 (loan repayment)	$689,835.42
Kelli	$16,799.02 - $20,000 (loan owed to Eric)	-$3,200.98

Note on Negative Balance: Kelli owes Eric $20,000 from pre-marital loan, but her share of marital property is only $16,799.02. This means Kelli still owes Eric $3,200.98 after the settlement.

Verification: $653,036.40 (separate) + $33,598.03 (joint) = $686,634.43 ✓

Outstanding Items to Resolve

Item	Impact
Down payment tracing for 2619 56TH ST S	RESOLVED: Confirmed via bank statements
Chubby Bunny Loan status ($75k)	CONFIRMED: Outstanding - Eric's separate property
Kelli Personal Loan status ($20k)	CONFIRMED: Outstanding - Kelli owes Eric $20,000
Kelli's assets acquired during marriage	May increase joint pool
Alimony	Waived per Section 9

Kelli Personal Loan Offset Analysis

Per Exhibit A, Eric loaned Kelli $20,000 before the marriage. This loan remains outstanding and unpaid.

This is Eric's separate property (a receivable). In the divorce settlement, this debt can be:

1. Offset against Kelli's share - Reduce her $141,889.53 by $20,000 = Kelli receives $121,889.53
2. Collected separately - Kelli pays Eric $20,000 plus receives her $141,889.53

Net Settlement with Offset:

Party	Calculation	Net
Eric	$653,036.40 (separate) + $16,799.02 (joint) + $20,000 (loan repayment)	$689,835.42
Kelli	$16,799.02 (joint) - $20,000 (loan owed)	-$3,200.98

Total: $686,634.44 (matches total current assets)

Settlement Outcome: Kelli owes Eric $3,200.98. Alternatively, Eric can forgive the remaining loan balance and call it even.

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Deliverables

1. Asset Inventory Spreadsheet - All assets with Dec 2021 vs Jan 2026 values
2. Separate Property Summary - Eric's separate property calculation
3. Joint Property Summary - Assets to be divided 50/50
4. Homestead Appreciation Calculation - If applicable
5. Net Settlement Estimate - Who owes what to whom

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This is a planning document, not legal advice. Consult a family law attorney for the actual divorce proceedings.