CONFIDENTIAL ESTATE PLANNING INFORMATION FORM

                                                  (MARRIED INDIVIDUALS)

 

This questionnaire was developed for use by ALAN S. GASSMAN, P.A. in designing comprehensive estate plans for clients.  The information which you supply on this form will be retained in our files and no information will be released to any person without your prior permission.

 

DATE:  _____________________

 

1.         Husband

Full Name ________________________________________________                                   Date of Birth ________

Social Security No. _________________________________________                                   Place of Birth _______

Other Names Known By _____________________________________                                  Citizenship __________

_________________________________________________________

Occupation (former if retired) _________________________________

Employer _________________________________________________

Office Telephone No. ________________________________________

Fax No. (do we need to call you before faxing?)___________________

Any serious health problems?       __ Yes __ No

2.         Wife

Full Name _________________________________________________                                  Date of Birth ________

Social Security No. __________________________________________                                  Place of Birth _______

Other Names Known By ______________________________________                                Citizenship __________

__________________________________________________________

Occupation (former if retired) __________________________________

Employer __________________________________________________

Office Telephone No. ________________________________________

Fax No. (do we need to call you before faxing?)___________________

Any serious health problems?       __ Yes __ No

3.         Residence

Home Address ______________________________________________

__________________________________________________________

Home Telephone No._________________________________________

Fax No. (do we need to call you before faxing?)____________________

Other Residences____________________________________________

__________________________________________________________


Husband State Resident Since________________________________

Wife State Resident Since___________________________________

4.         Billing Address (if different)

________________________________________________________

________________________________________________________

5.         Advisors

Accountant________________________________________________        Phone Number_____________

Trust Officer_______________________________________________       Phone Number_____________

Insurance Agent___________________________________________          Phone Number_____________

Investment Advisor________________________________________          Phone Number_____________

Pension Plan Advisor_______________________________________          Phone Number______________

May we speak to your advisors directly?   ___       Yes       ___       No

6.         Marriage

A.         Date of Marriage ____________________________________

B.         Where Living When Married___________________________

C.         Prior Marriages  (Husband)         ___ Yes  ___ No 

                        (Wife)   ___ Yes  ___ No

If prior marriage ended in divorce, please provide copy of decree and settlement.

D.         Is there a Prenuptial Agreement or other marital contract in effect?

___ Yes  ___ No            If yes, please attach a copy.

E.         Please circle any of the following states in which you have lived or acquired property while married:

Arizona             Idaho                Nevada              Texas

California                       Louisiana           New Mexico                  Washington

Canada                          None of the above

7.         Names of Children of Present Marriage (if adopted, indicate (A) after name; if deceased, please indicate (D) after name):

A.         Name________________________________________________                              Date of Birth_________

Social Security Number__________________________________

Name of Child’s Spouse (if any)___________________________

Address______________________________________________

Grandchildren_________________________________________

B.         Name________________________________________________                              Date of Birth_________

Social Security Number__________________________________


Name of Child’s Spouse (if any)___________________________

Address______________________________________________

Grandchildren_________________________________________

C.         Name________________________________________________                              Date of Birth_________

Social Security Number__________________________________

Name of Child’s Spouse (if any)___________________________

Address______________________________________________

Grandchildren_________________________________________

D.         Name________________________________________________                              Date of Birth_________

Social Security Number__________________________________

Name of Child’s Spouse (if any)___________________________

Address______________________________________________

Grandchildren_________________________________________

E.         Name________________________________________________                              Date of Birth_________

Social Security Number__________________________________

Name of Child’s Spouse (if any)___________________________

Address______________________________________________

Grandchildren_________________________________________

8.         List any children of prior marriages (indicate husband’s or wife’s by indicating (H) or (W) after name; if adopted, indicate (A) after name; if deceased, please indicate (D) after name):

A.         Name________________________________________________                              Date of Birth_________

Social Security Number__________________________________

Name of Child’s Spouse (if any)___________________________

Address______________________________________________

Grandchildren_________________________________________

B.         Name________________________________________________                              Date of Birth_________

Social Security Number__________________________________

Name of Child’s Spouse (if any)___________________________

Address______________________________________________

Grandchildren_________________________________________

C.         Name________________________________________________                              Date of Birth_________

Social Security Number__________________________________

Name of Child’s Spouse (if any)___________________________


Address______________________________________________

Grandchildren_________________________________________

D.         Name________________________________________________                              Date of Birth_________

Social Security Number__________________________________

Name of Child’s Spouse (if any)___________________________

Address______________________________________________

Grandchildren_________________________________________

E.         Name________________________________________________                              Date of Birth_________

Social Security Number__________________________________

Name of Child’s Spouse (if any)___________________________

Address______________________________________________

Grandchildren_________________________________________

9.         Are there any family members who require special schooling, special medical attention, or other special attention?        ____     Yes       ____     No

If Yes, please give name(s) and describe nature of needs _________________________

______________________________________________________________________

10.        Do you have any other relatives now or likely in the future to be dependent upon you for support?

___ Yes  ___ No

If Yes, give name(s) and relationships ________________________________________

_______________________________________________________________________

11.        Do either of you have any legal obligations to a former spouse or children?   ___       Yes       ___       No

If Yes, please provide copy of relevant document(s).

12.        Do either of you have a present Will?  ___ Yes  ___ No

If Yes, please attach a copy.

13.        Do either of you have any present Trusts?  ___ Yes  ___ No

If Yes, please attach a copy.

14.        Have either of you ever received a substantial amount by inheritance?

__ Yes __ No     If Yes, when? ____________ Approximate amount $__________

Do either of you anticipate receiving an inheritance?  ___ Yes  ___ No

If Yes, give approximate amount $______________

15.        Do either of you hold a power of appointment under another person’s Will or Trust?            

___Yes ___ No  If yes, please attach a copy.


16.        Have either of you given away more than $10,000 in money or property to any person in any single year after 1976?  ___ Yes  ___ No 

Have either of you ever been required to file a gift tax return?

___ Yes   ___ No If Yes, what years? _____________________________

Please attach copies of any gift tax returns for either spouse.

17.        Do either of you work for a business which has some type of plan under which your estate or the person you specify will receive benefits on your death?

___ Yes  ___ No  ___ Not Sure

18.        Are either of you a party to a Shareholder or Partnership Agreement (including any Buy-Sell Agreements)?___ Yes  ___ No

If Yes, please attach a copy.

19.        Do either of you have a safe deposit box?  ___ Yes  ___ No

If Yes, where located? ______________________________________________

Name(s) box is listed under __________________________________________

20.        Do either of you own any property in a foreign country? ___ Yes  ___ No

If Yes, give country and approximate value $____________________________

21.        Please list any specific items or amounts that you wish to give to any individuals or organizations:

Donor (Husband or                     Name and Relationship   

Wife)                                        of Beneficiary                            Description of Gift

__________________     _____________________           __________________________

__________________     _____________________           __________________________

__________________     _____________________           __________________________                           __________________     _____________________            __________________________

22.        All other tangible personal property (automobiles, clothing, furniture, pictures, etc.) to be distributed to (check one):

___ Spouse; if spouse predeceases, to children equally

___ Children equally

___ Other (specify) __________________________________________________________

__________________________________________________________________________

23.        All remaining money and other property (stocks, bonds, mutual funds, etc.) to be distributed to:

___ Spouse; if spouse predeceases, to children equally

___ Children equally

___ Other (specify) __________________________________________________________

__________________________________________________________________________


24.        If you have named a beneficiary in Questions 20-22 above for whom full personal information has not already been provided (for example, a parent, aunt/uncle, niece/nephew, or friend), please provide that information here:

A.         Name____________________________________________                                     Date of Birth_________

Address__________________________________________

Relationship_______________________________________

B.         Name____________________________________________                                     Date of Birth_________

Address__________________________________________

Relationship_______________________________________

C.         Name____________________________________________                                     Date of Birth_________

Address__________________________________________

Relationship_______________________________________

25.        Age(s) at which beneficiaries are to become in control of property held in trust for them or are to receive property outright--see attached Memorandum entitled Trust Systems for Children and Subsequent Generations. 

(A)       Traditional approach - distribute selected percentages at selected ages to the extent not otherwise spent.

 

(B)        Protective approach - child becomes Co-Trustee at what age, selects Co-Trustee at what further age, and becomes sole Trustee at what eventual age?  ______________________________________________

________________________________________________________________________________________.

26.        With reference to surviving spouse, do you think he or she may be benefited by serving as Co-Trustee with a protective individual or trust company of his or her choice (changeable by him or her) in order to be able to have protection from future spouses and creditors? ______________________________________________________.

27.        Please indicate below your choices as Executor (Personal Representative) of your estates and Successor Trustee of your Living Trusts (if applicable).  Each of you will be the initial Trustee of your own Living Trust.  The Successor Trustee will act if you cannot due to resignation, incapacity or death. You may select an individual or a financial institution with trust powers under your state law to act as Executor and Successor Trustee.  You may also select more than one person or institution to act as Co-Executors or Co-Trustees at the same time, and you may provide that they may act with or without the joinder and consent of the other. Most clients select the same persons to act as both Executor and Successor Trustee, but that’s strictly a matter of personal choice.

Who will serve as Executor of your estates and Successor Trustees of your Living Trusts?

Each spouse for the other? ___ Yes ___ No

If No, whom?                            Husband                                                Wife

Name:                           ___________________               _____________________


Relationship:                  ___________________               _____________________

Please name alternates to serve if your first choice cannot:

Husband                                                Wife

First Alternate

Name:                           ___________________               _____________________

Relationship:                  ___________________               _____________________

Second Alternate

Name:                           ___________________               _____________________

Relationship:                  ___________________               _____________________

28.        Your choice to act as Guardian of your minor children (if applicable):

First choice

Name(s) _________________________________ Relationship: _______________________

Address ____________________________________________________________________

Second choice

Name(s) _________________________________ Relationship: _______________________

Address ____________________________________________________________________

29.        Are you presently involved in any litigation, or is there litigation or potential claims against you that are known? ____ Yes ____ No

30.        Are you engaged in any high-risk ventures, professions, or circumstances that would make creditor planning important? _____ Yes _____ No

Under the Florida Bar Rules, any information given to us by one spouse or relating to planning is accessible to the other spouse.  Each spouse has the right to independent legal counsel with respect to planning.  The transfer of assets with respect to estate planning could affect marital rights.  Do you have any questions about this?

___ Yes ___ No

We will do your planning based upon the information described in this form.  If you wish for us to verify any of this information, please let us know.  We will be pleased to review any Deeds, Mortgages, account statements, or other confirmatory documentation, if requested.  The specific ownership and designation of assets, liabilities and beneficiary designations must be coordinated properly for estate planning documents to function as intended.

The undersigned has reviewed this form and the following asset summary information and believe it to be accurate. 

____________________________________________

Husband

 

___________________________________________

Wife


                                                                            LIST OF ASSETS

                                                              (Attach additional sheets if necessary)

            Approximate Net Values

     

                                            Husband    Wife    Joint 

1.   Real Estate(please give approximate                              

     value and approximate mortgage balance)                          

     Home - Value $______________                                     

     Approximate mortgage balance                                     

     $_____________                                                   

     Other Real Estate (give location or                              

     briefly describe:)________________                              

     __________________________________                               

                                                                     __________________________________                               

                                                                      

     __________________________________                               

                                                                      

     __________________________________                               

                                                                      

2.   Stocks, Bonds, Mutual Funds                                      

                                                                       

     A.   Publicly traded stock--Name of                              

          corporation.                                                

                                                                      

          ______________________________                              

                                                                      

          ______________________________                              

                                                                      

          ______________________________                              

                                                                      

     B.   Closely held stock--Name of                                 

          corporation, number of shares                               

          and shareholders.                                           

                                                                      

          ______________________________                              

                                                                      

          ______________________________                              

 


          Approximate Net Values

   

                                            Husband    Wife    Joint 

                                                                      

     C.   Bonds and mutual funds--Issuer,                             

          face value, interest rate, and                              

          maturity date; name of fund,                                

          fund group, and number of units.                            

                                                                      

          _______________________________                             

                                                                      

          _______________________________                             

                                                                      

                                                                      

3.   Bank accounts, certificates of                                   

     deposit, money market funds, etc.                                

                                                                      

     Please give name of bank or institu-                             

     tion, type of account and approximate                            

     balance or value.                                                

                                                                      

     __________________________________                               

                                                                      

     __________________________________                               

                                                                      

     __________________________________                               

                                                                      

4.   IRA’s and Pension Plan Assets                                       

__________________________________                               

                                                                      

__________________________________                               

                                                                      

__________________________________                               

                                                                      

5.   Mortgages, notes, or debts (owed to                               

     you by someone else).                                            

                                                                      

     Please list debtor's name, date                                  

     acquired, and approximate balance                                

     remaining.                                                       

     ___________________________________                              

                                                                      

     ___________________________________                              


          Approximate Net Values

   

                                            Husband    Wife    Joint    6.   Other Business Interests (noncorporate)                          

                                                                      

     ___________________________________                              

                                                                      

     ___________________________________                              

                                                                      

7.   Partnership or other investments not                             

     listed above.                                                    

                                                                      

8.   Miscellaneous Property                                           

                                                                      

     Motor vehicles (including boats, etc.;                           

     List total value)                                                

                                                                      

     Jewelry                                                          

     Art, other valuable items (describe)                             

                                                                      

     _____________________________________                            

                                                                      

9.   List any mortgages or other substan-                             

     tial debts owed by you that are not                              

     shown above.                                                     

     ____________________________________                             

     ____________________________________                             

     ____________________________________                             

                                           

10.   Life Insurance

       Loans

 Person   Policy                Against

Company   Death Value  Cash Value Insured  Owner   Beneficiary   Policy

 

___________________________________________________________________________

___________________________________________________________________________

___________________________________________________________________________

___________________________________________________________________________

 

11.       List any contingent liabilities, litigation, etc.

_____________________________________________________________________________________________

__________________________________________________________________________________________

__________________________________________________________________________________________