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Inventory Of Property And Debts: What You Should Know

Include the following if applicable to  all property acquired, including those listed in the list below. 1. Home (where you reside) 2. Leasehold, Rental, or Security Property 3. Jewelry, Watches, Rides, and Personal effects 4. Vehicles If listed, list the following for each item Property Name. Fair Market Value on Date of Death. 1. Home. Landlord's Name. Landlord's Address. 2. Leasehold, Rental, or Security Property (excludes motorcycles). 3. Jewelry, Watches, Rides, or Personal effects. Landlord's Name. Landlord's Address. 4. Vehicles. All debts and installment payments are paid and accounts settled. The following is not required, but might be helpful: Property Type. If a motorcycle, include a motorcycle rider. If a boat, include a boat owner. If a residence, list your address. Property Value (for each item): Actual Cash Value (ACV) of the item, including, but not limited to: — Listing Date. — Estimated Retail Value Less Refundable Deposit (RCD) of the item on the date of death. — Value of items for which the deceased no longer has ownership rights, and/or — Estimated Sale Value of the item. All unpaid charges and payments, if any, are paid and accounts settled. NOTE: All items in your inventory are valued using the same method as described in Section B.0.b.ii of the Uniform Commercial Code (“UCC”) Property Type. If a motorcycle, include a motorcycle rider. If a boat, include a boat owner. If a residence, list your address. List all cash accounts and deferred accounts you currently have. Use additional paper if necessary. Property Type, Cash Amount. Cash Name. Date. Property Type, Deferred Account Amounts. Deferred Name. Dates. Property Type, Payable Debts. Payable Name. Accounts Payable. Date. Property Type, Mortgage and Deed of Trust. List all trusts and mortgages you or your spouse has. Deferred Type. Type. Deferred Name. Dates. Property Type, Medical or Life Insurance. Medical Name. Date of death. Life Insurance Name. Date of death. Property Type, Retirement. Retirement Name. Age at death of the decedent. Property Type, Social Security.

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