Personal and Financial Organizer for Your Living Trust

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  • Topic: Inheritance, Trust law, Beneficiary
  • Pages : 7 (831 words )
  • Download(s) : 81
  • Published : October 8, 2012
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PERSONAL AND FINANCIAL ORGANIZER FOR YOUR LIVING TRUST

SECTION 1. GENERAL INFORMATION

DATE: ___________ DOCS REQUESTED:________________________
_____________________________
Marital Status:Married Single
Divorced ___ Widowed ____

1.Your Name (First, Middle, Last)Soc. Sec. No.Date ofBirth | | | |

2.Spouse's Name (First, Middle, Last) Soc. Sec. No.Date ofBirth
(If Applicable)
| | | |

3.Home Address (Number, Street)City StateZip
| | | | |

4.Mailing Address If Different (Number, Street) City StateZip | | | | |

5.Home Phone
| |

SECTION 2. PERSONAL INFORMATION
(Answer each of the following Questions)

1.Are you a U.S. citizen?
YOU ______YOUR SPOUSE ______

2.Do you have a will or trust now?
YOU ______YOUR SPOUSE ______

3. If you have a current trust, will this be a restatement? _________

4.How many living children do you have?
YOU ______YOUR SPOUSE ______

5.How many deceased children do you have?
YOU ______YOUR SPOUSE ______

6.How many children under age 18 do you have?
YOU ______YOUR SPOUSE ______

SECTION 3.FINANCIAL INFORMATION

1.Do you own a home or any other real estate that you would like to transfer into your trust?

Yes ____No____

2.Do you have any other titled assets, such as a car, boat or motor home that you would like to transfer into your trust?

Yes ____No____

3.Do you own any mortgages or promissory notes which need to be transferred into your trust?

Yes ____No____

4.Is the total value of your estate worth more than $3,500,000.00

Yes ____No____

(If the answer to this question is yes, then you and your spouse should each have a credit shelter trust in order to minimize potential federal estate tax exposure.)

SECTION 4. TRUST DECISIONS: YOUR LIVING TRUST TEAM

(If you wish to name two people to serve as Co-Successor Trustees, Co-Personal Representatives, Co-Health Care Surrogates or to have Co-Powers of Attorney, place both of their names in the 1st Choice Sections below.)

1.Trustee(s) Manages your trust during your lifetime (Usually you (and your spouse) and/or a corporate trustee.):

2.Name(s) for Back-up (Successor)Trustee(s)-Steps in upon your disability or death. (Can be your adult children, trusted friends, and/or a corporate trustee.)

#1 Choice:
Name Relationship Address/Phone
| | | |

#2 Choice:
Name Relationship Address/Phone
| | | |

3.Name(s) for Personal Representative of Pour Over Will:

#1 Choice:
Name Relationship Address/Phone
| | | |

#2 Choice:
Name Relationship Address/Phone
| | | |

4.Name(s) of Health Care Surrogate:

#1 Choice:
Name Relationship Address/Phone
|...
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