ASSETS AND LIABILITIES:

 

Summary of Net Worth.     Please estimate your total Net Worth (total value of all assets less liabilities    --   remember to also include any retirement accounts or life insurance policies owned by you or your spouse):

 

Property in Your Name:          $____________________  Property in Spouse’s Name:  $______________________

 

Property in Joint Names: $______________________  

 

Please also provide a general description and “ballpark” estimated values of your various assets (both in your name, owned individually in your spouse’s name, if applicable, and held jointly by both spouses, if applicable).   Please also indicate any “major” liabilities for which any of the assets serve as security, indicating the name of the bank or financial institution to which the liability is owned, and the name or names in which the liability was incurred:

 

Your Separate Properties:

 

__________________________________________________________________________________

 

__________________________________________________________________________________

Spouse’s Separate Properties:

 

__________________________________________________________________________________

 

_________________________________________________________________________________

 

Jointly-Held Properties:

 

__________________________________________________________________________________

 

__________________________________________________________________________________

 

__________________________________________________________________________________

 

__________________________________________________________________________________

 

SPECIFIC ASSET INFORMATION:

 

Life Insurance:

1.   Name of Company and Policy Number:____________________________________________________

 

Owner:_________________________________  Insured:___________________________________

 

Face Amount: $                                    Current Cash Surrender Value: $______________________

 

Primary Beneficiary(ies):___________________________________________________________

 

Contingent Beneficiary(ies):_________________________________________________________

 

Type Coverage (i.e., term, whole life, universal life policy):________________________________

            Premium Amount: $_____________ Premium Payment Schedule: Monthly, Quarterly, Annually?

 

2.   Name of Company and Policy Number:___________________________________________________

 

Owner:_____________________________  Insured:_______________________________________

 

Face Amount: $                                    Current Cash Surrender Value: $______________________

 

Primary Beneficiary(ies):___________________________________________________________

 

Contingent Beneficiary(ies):_________________________________________________________

 

Type Coverage (i.e., term, whole life, universal life policy):_______________________________

            Premium Amount: $_____________ Premium Payment Schedule: Monthly, Quarterly, Annually?

 

 

3.   Name of Company and Policy Number:___________________________________________________

 

Owner:_____________________________  Insured:______________________________________

 

Face Amount: $                                    Current Cash Surrender Value: $______________________

 

Primary Beneficiary(ies):__________________________________________________________

 

Contingent Beneficiary(ies):________________________________________________________

 

Type Coverage (i.e., term, whole life, universal life policy):_______________________________

            Premium Amount: $_____________ Premium Payment Schedule: Monthly, Quarterly, Annually?

 

 

TOTAL INSURANCE on His Life  $______________________   on Her Life  $_____________________

Please attach additional blank sheets or add onto back of this sheet similar information for any other life insurance policies that you, your spouse, or other family member may own.