Property Information Instructions for Completing the Property Information Checklist:
General Headings: This Property Information checklist is to help you list all the property you own and what it is worth. You probably won’t own property under all the headings; if not, just leave those blank. Under certain headings you may own more property than can be listed on this checklist. If so, attach extra sheets of paper to list your additional property.
Type: Immediately after the heading for each kind of property is a brief explanation of what property you should list under that heading. “Owner” of Property: How you own your property is extremely important for purposes of properly designing and implementing your estate plan. For each property, please indicate how the property is titled using the following abbreviations:
Owner of Property
If married, Client’s name alone, with no other person
If married, Spouse’s name alone, with no other person
If married, Joint Tenancy with spouse
Joint Tenancy with someone other than a spouse, i.e. a child, parent, etc.
If you cannot determine how the property is owned
TYPE: Any interest in real estate including your family residence, vacation home, time share, vacant land, etc.
1. General Description and/or Address 2. General Description and/or Address 3. General Description and/or Address 4. General Description and/or Address Furniture & Personal Effects
TYPE: List separately only major personal effects such as jewelry, collections, antiques, furs, and all other valuable non-business personal property (indicate type below and give a lump sum value for miscellaneous, less valuable items.).
Automobiles, Boats, and RVs
TYPE: For each motor vehicle, boat, RV, etc. please list the following: description, how titled, market value and encumbrance:
TYPE: Checking Account “CA”, Savings Account “SA”, Certificates of Deposit “CD”, Money Market “MM” (indicate type below). Do not include IRAs or 401(k)s here.
NOTE: If Account is in your name (or your spouse's name) for the benefit of a minor, please specify and give minor's name. 1. Name of Institution & Account Number 2. Name of Institution & Account Number 3. Name of Institution & Account Number 4. Name of Institution & Account Number 5. Name of Institution & Account Number Stocks & Bonds
TYPE: List any and all stocks and bonds you own. If held in a brokerage account, lump them together under each account. (indicate type below)
1. Name of Institution & Account Number 2. Name of Institution & Account Number 3. Name of Institution & Account Number 4. Name of Institution & Account Number 5. Name of Institution & Account Number Life Insurance Policies & Annuities
TYPE: Term, whole life, split dollar, group life, annuity.
ADDITIONAL INFORMATION: Insurance company, type, face amount (death benefit), whose life is insured, who owns the policy, the current beneficiaries, who pays the premium, and who is the life insurance agent. Retirement Plans
TYPE: Pension (P), Profit Sharing (PS), H.R. 10, IRA, SEP, 401(K).
ADDITIONAL INFORMATION: Describe the type of plan, the plan name, the current value of the plan, and any other pertinent information. Business Interests
TYPE: General and Limited Partnerships, Sole Proprietorships, privately owned corporations, professional corporations, oil interests, farm and ranch interests.
ADDITIONAL INFORMATION: Give a description of the interests, who has the interest, your ownership in the interests, and the estimated value of the interests. Money Owed to You
TYPE: Mortgages or promissory notes payable to you, or other moneys owed to you.
Anticipated Inheritance, Gift, or Lawsuit Judgment
TYPE: Gifts or inheritances that you expect to receive at some time in the future; or moneys that you anticipate receiving through a judgment in a lawsuit. Describe in appropriate detail.
TYPE: Other property is any property that you have that does not fit into any listed category.
Summary of Values
NOTE: Joint Property values enter 1/2 in client's column and 1/2 in spouse's column.
Real Property Furniture & Personal Effects Automobiles, Boats & RVs Stocks & Bonds Bank & Savings Accounts Stocks & Bonds Life Insurance & Annuities Retirement Plans Business Interests Money Owed to You Anticipated Inheritance, Etc. Other Assets Total Assets