Assets

ASSETS. This form is a comprehensive financial disclosure document used in legal proceedings. It details a client's assets, liabilities, and monthly expenses. For assets, it collects information on real estate, bank accounts, pensions, retirement plans, IRAs, stocks, bonds, life insurance, business interests, automobiles, personal property, inheritance or trust funds, and any other assets. Each section asks for detailed information including values, liens, and ownership. For liabilities, the form requires details about outstanding mortgages, home equity lines, other liens on properties, credit cards, loans, and other debts, with documentation of current statements and balances. The expenses section requires a breakdown of monthly income, deductions, and expenses. It includes housing costs, utilities, food, transportation, children's expenses, medical expenses, entertainment, and miscellaneous costs, along with a summary of old debt payments and any remaining monthly balance. www.FormsWorkflow.com