Indiana University Foundation

Estate Planning Starters.pdf

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Assets Residence Other real estate Bank accounts, certificates of deposit, money market funds Stocks, bonds, mutual funds Closely held business interests Partnership ventures Notes, mortgages owed to you Retirement funds Life insurance face value Furniture, jewelry, collections, etc. Automobiles, boats, etc. Annuities, revocable trusts Other assets Total assets Liabilities Mortgages Loans, installment debts Current bills Taxes owed All other liabilities Total liabilities NET ESTATE (subtract total liabilities from total assets) Owned by Owned by Owned jointly you alone your spouse (or in community) $ $ $ $ $ $ $ $ $ $ $ $ INVENTORY: Current Assets and Liabilities Use the current market value for every major item you own and the face value of any life insurance. Don't strive for exact amounts; rounded numbers are fine.

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