getting an estate organized - suze orman€¦ · getting an estate organized. estate asset chart |...
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GETTING AN ESTATE ORGANIZED
Estate Asset Chart | page 2
STEP 1: MAKE LIST OF ASSETS A list of assets is for the executor’s or successor trustee’s convenience to help them do their job when the time comes. List all property owned, including property that is owned jointly with someone else. Include the following items: real estate; cash and bank accounts; stocks, bonds, and mutual funds; life insurance; retirement plans; wages or benefits from employers; small business interests; limited partnership; intangible assets (such as: promissory notes, court judgments, patents, copyrights, contractual payments or royalties); tangible assets of significant value either financial or emotional (such as: art, jewelry, antiques heirlooms, collectibles.) STEP 2: ESTIMATE THE VALUE Estimate the value for the major assets. STEP 3: DETERMINE HOW TITLE IS HELD ON ASSET To determine who inherits the property and if an asset needs to go through probate, you must know how the property is owned. Typically assets are owned in the following manner: sole ownership, joint tenancy, tenancy by the entirety, tenancy in common, community property with right of survivor ship, community property, and held in trust. STEP 4: CONTACT LIST List in the provided spaces contact information for individuals whom are familiar with your financial or business matters that could offer assistance to your executor or successor trustee. As well as contact information for your beneficiaries so they can be properly notified.
Estate Asset Chart | page 3
ASSET LIST
SAFETY DEPOSIT BOXES
Safety Deposit Box #1
Enter specific information for Safety Deposit Box #1 below: Bank name and branch:
Bank address and phone:
Safety Deposit Box #:
Full name(s) of the individual(s)
entitled to access:
Safety Deposit Box #2
Enter specific information for Safety Deposit Box #2 below: Bank name and branch:
Bank address and phone:
Safety Deposit Box #:
Full name(s) of the individual(s)
entitled to access: Safety Deposit Box #3
Enter specific information for Safety Deposit Box #3 below: Bank name and branch:
Bank address and phone:
Safety Deposit Box #:
Full name(s) of the individual(s)
entitled to access:
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REAL PROPERTY Attach a copy of the most recent grant deed (or warrant deed) for each property and a recent property tax bill. Please note that a grant deed is distinct from a deed of trust.
Property #1
Enter address for Property #1:
Property #2
Enter address for Property #2:
Property #3
Enter address for Property #3:
Property #4
Enter address for Property #4: Property #5
Enter address for Property #5:
Estate Asset Chart | page 5
CASH ACCOUNTS—BANK AND CREDIT UNION ACCOUNTS
Account #1
Enter specific information for Accounts #1 below: Branch & Address:
Phone Number:
Type of Account & Account #:
Name(s) on Account(s):
Account #2
Enter specific information for Accounts #2 below: Branch & Address:
Phone Number:
Type of Account & Account #:
Name(s) on Account(s):
Account #3
Enter specific information for Accounts #3 below: Branch & Address:
Phone Number:
Type of Account & Account #:
Name(s) on Account(s):
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CASH ACCOUNTS—BANK AND CREDIT UNION ACCOUNTS
Account #4
Enter specific information for Accounts #4 below: Branch & Address:
Phone Number:
Type of Account & Account #:
Name(s) on Account(s):
Account #5
Enter specific information for Accounts #5 below: Branch & Address:
Phone Number:
Type of Account & Account #:
Name(s) on Account(s):
Account #6
Enter specific information for Accounts #6 below: Branch & Address:
Phone Number:
Type of Account & Account #:
Name(s) on Account(s):
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MUTUAL FUNDS Include UTMA Uniform Transfer to Minors accounts and 529 College Savings.
Mutual Fund #1
Enter specific information for Institution #1 below: Address:
Phone Number:
Name of Fund:
Account #:
Mutual Fund #2
Enter specific information for Institution #2 below: Address:
Phone Number:
Name of Fund:
Account #:
Mutual Fund #3
Enter specific information for Institution #3 below: Address:
Phone Number:
Name of Fund:
Account #:
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MUTUAL FUNDS Include UTMA Uniform Transfer to Minors accounts and 529 College Savings.
Mutual Fund #4
Enter specific information for Institution #4 below: Address:
Phone Number:
Name of Fund:
Account #:
Mutual Fund #5
Enter specific information for Institution #5 below: Address:
Phone Number:
Name of Fund:
Account #:
Mutual Fund #6
Enter specific information for Institution #6 below: Address:
Phone Number:
Name of Fund:
Account #:
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SECURITIES ACCOUNTS Provide the information requested below; OR, attach a copy of a recent statement, which will contain all of the requested information.
Account #1
Enter specific information for Brokerage #6 below:
Address & Phone Number:
Account #:
Account Representative:
Account #2
Enter specific information for Brokerage #2 below:
Address & Phone Number:
Account #:
Account Representative:
Account #3
Enter specific information for Brokerage #3 below:
Address & Phone Number:
Account #:
Account Representative:
Estate Asset Chart | page 10
SECURITIES ACCOUNTS Provide the information requested below; OR, attach a copy of a recent statement, which will contain all of the requested information.
Account #4
Enter specific information for Brokerage #4 below:
Address & Phone Number:
Account #:
Account Representative:
Account #5
Enter specific information for Brokerage #5 below:
Address & Phone Number:
Account #:
Account Representative:
Account #6
Enter specific information for Brokerage #6 below:
Address & Phone Number:
Account #:
Account Representative:
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STOCKS AND BONDS For all stocks and bonds held by you outside of a brokerage account (i.e., you have the certificates), attach a copy of the front and back of each stock and/or bond.
Stock or Bond #1
Enter specific information for Stock or Bond #1 below: Account Representative:
Address:
Stock or Bond #2
Enter specific information for Stock or Bond #2 below: Account Representative:
Address:
Stock or Bond #3
Enter specific information for Stock or Bond #3 below: Account Representative:
Address:
Stock or Bond #4
Enter specific information for Stock or Bond #4 below: Account Representative:
Address:
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PARTNERSHIPS AND JOINT VENTURES
Partnership #1
Enter specific information for Partnership/Joint Venture #1 below: Name of Partnership:
Type of Partnership: (Ex.: general partner or limited partner) Amount of Original Investment:
Partnership #2
Enter specific information for Partnership/Joint Venture #2 below: Name of Partnership:
Type of Partnership: (Ex.: general partner or limited partner)
Amount of Original Investment:
Partnership #3
Enter specific information for Partnership/Joint Venture #3 below: Name of Partnership:
Type of Partnership: (Ex.: general partner or limited partner)
Amount of Original Investment:
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INDIVIDUAL RETIREMENT ACCOUNTS Provide the requested information below; OR, you may attach a copy of the most recent statement, which will contain all of the requested information.
IRA #1
Enter specific information for IRA #1 below: Participant’s Name:
Account #:
Type: (Ex.: Roth, Traditional IRA, Keogh, SEP-IRA, etc.)
Name of Custodial Institution:
Address:
Phone Number:
Primary Beneficiary:
Contingent Beneficiary:
IRA #2
Enter specific information for IRA #2 below: Participant’s Name:
Account #:
Type: (Ex.: Roth, Traditional IRA, Keogh, SEP-IRA, etc.)
Name of Custodial Institution:
Address:
Phone Number:
Primary Beneficiary:
Contingent Beneficiary:
Estate Asset Chart | page 14
INDIVIDUAL RETIREMENT ACCOUNTS Provide the requested information below; OR, you may attach a copy of the most recent statement, which will contain all of the requested information.
IRA #3
Enter specific information for IRA #3 below: Participant’s Name:
Account #:
Type: (Ex.: Roth, Traditional IRA, Keogh, SEP-IRA, etc.)
Name of Custodial Institution:
Address:
Phone Number:
Primary Beneficiary:
Contingent Beneficiary:
IRA #4
Enter specific information for IRA #4 below: Participant’s Name:
Account #:
Type: (Ex.: Roth, Traditional IRA, Keogh, SEP-IRA, etc.)
Name of Custodial Institution:
Address:
Phone Number:
Primary Beneficiary:
Contingent Beneficiary:
Estate Asset Chart | page 15
LIFE INSURANCE / ANNUITY Provide the information requested below, including the exact name of the owner; OR, you may provide a copy of the front page of your policy, which will contain all of the requested information.
LIFE INSURANCE #1
Enter specific information for Life Insurance #1 below: Carrier’s Address:
Carrier’s Phone #:
Policy Number: Face Value:
Owner of Policy: Insured:
Primary Beneficiary:
Contingent Beneficiary:
Type: (Ex: term, universal
Variable, whole life, annuity)
LIFE INSURANCE #2
Enter specific information for Life Insurance #2 below: Carrier’s Address:
Carrier’s Phone #:
Policy Number: Face Value:
Owner of Policy: Insured:
Primary Beneficiary:
Contingent Beneficiary:
Type: (Ex: term, universal
Variable, whole life, annuity)
Estate Asset Chart | page 16
LIFE INSURANCE / ANNUITY Provide the information requested below, including the exact name of the owner; OR, you may provide a copy of the front page of your policy, which will contain all of the requested information.
LIFE INSURANCE #3
Enter specific information for Life Insurance #3 below: Carrier’s Address:
Carrier’s Phone #:
Policy Number: Face Value:
Owner of Policy: Insured:
Primary Beneficiary:
Contingent Beneficiary:
Type: (Ex: term, universal
Variable, whole life, annuity)
LIFE INSURANCE #4
Enter specific information for Life Insurance #4 below: Carrier’s Address:
Carrier’s Phone #:
Policy Number: Face Value:
Owner of Policy: Insured:
Primary Beneficiary:
Contingent Beneficiary:
Type: (Ex: term, universal
Variable, whole life, annuity)
Estate Asset Chart | page 17
CORPORATE RETIREMENT PLANS Provide the requested information below; OR attach the most recent statement, which will contain all of the requested information.
RETIREMENT PLAN #1
Enter specific information for Retirement Plan #1 below: Participant’s Name:
Name of Plan and
Plan # (if applicable):
Name of Plan Administrator:
Address of Plan Administrator:
Phone # of Plan Administrator:
Primary Beneficiary:
RETIREMENT PLAN #2
Enter specific information for Retirement Plan #2 below: Participant’s Name:
Name of Plan and Plan # (if applicable):
Name of Plan Administrator:
Address of Plan Administrator:
Phone # of Plan Administrator:
Primary Beneficiary:
Estate Asset Chart | page 18
CORPORATE RETIREMENT PLANS Provide the requested information below; OR attach the most recent statement, which will contain all of the requested information.
RETIREMENT PLAN #3
Enter specific information for Retirement Plan #3 below: Participant’s Name:
Name of Plan and
Plan # (if applicable):
Name of Plan Administrator:
Address of Plan Administrator:
Phone # of Plan Administrator:
Primary Beneficiary:
RETIREMENT PLAN #4
Enter specific information for Retirement Plan #4 below: Participant’s Name:
Name of Plan and
Plan # (if applicable):
Name of Plan Administrator:
Address of Plan Administrator:
Phone # of Plan Administrator:
Primary Beneficiary:
Estate Asset Chart | page 19
MISCELLANEOUS BUSINESS INTERESTS Example: Sole proprietorship, Corporations, Stock Options, Airplane, Race Horse, Boat, and etc. (Attach a copy of the agreement.)
BUSINESS #1
Enter specific information for Business #1:
BUSINESS #2
Enter specific information for Business #2:
BUSINESS #3
Enter specific information for Business #3:
BUSINESS #4
Enter specific information for Business #4:
Estate Asset Chart | page 20
VEHICLES
VEHICLE #1
Enter specific information for Vehicle #1 below: Make: Model: Year:
Location:
VEHICLE #2
Enter specific information for Vehicle #2 below: Make: Model: Year:
Location:
VEHICLE #3
Enter specific information for Vehicle #3 below: Make: Model: Year:
Location:
VEHICLE #4
Enter specific information for Vehicle #4 below: Make: Model: Year:
Location:
Estate Asset Chart | page 21
INTANGIBLE ASSETS Example: promissory notes, court judgments, patents, copyrights, contractual payments or royalties. (Attach a copy of the agreement.)
ASSET #1
Enter specific information for Asset #1 below: Description:
Location:
ASSET #2
Enter specific information for Asset #2 below: Description:
Location:
ASSET #3
Enter specific information for Asset #3 below: Description:
Location:
ASSET #4
Enter specific information for Asset #4 below: Description:
Location:
Estate Asset Chart | page 22
INTANGIBLE ASSETS Example: promissory notes, court judgments, patents, copyrights, contractual payments or royalties. (Attach a copy of the agreement.)
ASSET #5
Enter specific information for Asset #5 below: Description:
Location:
ASSET #6
Enter specific information for Asset #6 below: Description:
Location:
ASSET #7
Enter specific information for Asset #5 below: Description:
Location:
ASSET #8
Enter specific information for Asset #5 below: Description:
Location:
Estate Asset Chart | page 23
ANTIQUES/HEIRLOOMS
ITEM #1
Enter specific information for Item #1 below: Description:
Location: ITEM #2
Enter specific information for Item #2 below: Description:
Location:
ITEM #3
Enter specific information for Item #3 below: Description:
Location:
ITEM #4
Enter specific information for Item #4 below: Description:
Location:
Estate Asset Chart | page 24
ANTIQUES/HEIRLOOMS
ITEM #5
Enter specific information for Item #5 below: Description:
Location:
ITEM #6
Enter specific information for Item #6 below: Description:
Location:
ITEM #7
Enter specific information for Item #7 below: Description:
Location:
ITEM #8
Enter specific information for Item #8 below: Description:
Location:
Estate Asset Chart | page 25
ART
ITEM #1
Enter specific information for Item #1 below: Description:
Location:
ITEM #2
Enter specific information for Item #2 below: Description:
Location:
ITEM #3
Enter specific information for Item #3 below: Description:
Location:
ITEM #4
Enter specific information for Item #4 below: Description:
Location:
Estate Asset Chart | page 26
ART
ITEM #5
Enter specific information for Item #5 below: Description:
Location:
ITEM #6
Enter specific information for Item #6 below: Description:
Location:
ITEM #7
Enter specific information for Item #5 below: Description:
Location:
ITEM #8
Enter specific information for Item #5 below: Description:
Location:
Estate Asset Chart | page 27
VALUABLE JEWELRY
ITEM #1
Enter specific information for Item #1 below: Description:
Location:
ITEM #2
Enter specific information for Item #2 below: Description:
Location:
ITEM #3
Enter specific information for Item #3 below: Description:
Location:
ITEM #4
Enter specific information for Item #4 below: Description:
Location:
Estate Asset Chart | page 28
VALUABLE JEWELRY
ITEM #5
Enter specific information for Item #5 below: Description:
Location:
ITEM #6
Enter specific information for Item #6 below: Description:
Location:
ITEM #7
Enter specific information for Item #7 below: Description:
Location:
ITEM #8
Enter specific information for Item #7 below: Description:
Location:
Estate Asset Chart | page 29
CHINA
ITEM #1
Enter specific information for Item #1 below: Description:
Location:
ITEM #2
Enter specific information for Item #2 below: Description:
Location:
ITEM #3
Enter specific information for Item #2 below: Description:
Location:
ITEM #4
Enter specific information for Item #2 below: Description:
Location:
Estate Asset Chart | page 30
CRYSTAL
ITEM #1
Enter specific information for Item #1 below: Description:
Location: ITEM #2
Enter specific information for Item #2 below: Description:
Location:
ITEM #3
Enter specific information for Item #2 below: Description:
Location:
ITEM #4
Enter specific information for Item #2 below: Description:
Location:
Estate Asset Chart | page 31
SILVERWARE
ITEM #1
Enter specific information for Item #1 below: Description:
Location:
ITEM #2
Enter specific information for Item #2 below: Description:
Location:
ITEM #3
Enter specific information for Item #3 below: Description:
Location:
ITEM #4
Enter specific information for Item #3 below: Description:
Location:
Estate Asset Chart | page 32
COINS, STAMPS, OR OTHER COLLECTIBLES
ITEM #1
Enter specific information for Item #1 below: Description:
Location:
ITEM #2
Enter specific information for Item #2 below: Description:
Location:
ITEM #3
Enter specific information for Item #3 below: Description:
Location:
ITEM #4
Enter specific information for Item #5 below: Description:
Location:
Estate Asset Chart | page 33
ANIMALS
ANIMAL #1
Enter specific information for Animal #1 below: Name: Type:
Care provider if owner can
no longer care for animal:
Vet Name:
Vet Phone:
ANIMAL #2
Enter specific information for Animal #2 below: Name: Type:
Care provider if owner can
no longer care for animal:
Vet Name:
Vet Phone:
ANIMAL #3
Enter specific information for Animal #3 below: Name: Type:
Care provider if owner can
no longer care for animal:
Vet Name:
Vet Phone:
Estate Asset Chart | page 34
CONTACT LIST List below contacts that are familiar with your financial or business matters that could offer assistance to your executor or successor trustee. NAME/TITLE EMAIL PHONE ADDRESS
Attorney
Accountant
Investment Adviser
Real estate agent
Insurance agent
Executor
Estate Asset Chart | page 35
BENEFICIARY CONTACT INFO List below beneficiary contact information in the spaces provided below. BENEFICIARY EMAIL PHONE ADDRESS
Name:
Relationship:
Name:
Relationship:
Name:
Relationship:
Name:
Relationship:
Name:
Relationship:
Name:
Relationship:
Name:
Relationship:
Name:
Relationship: