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Is Life Insurance Required in a Divorce Agreement

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					LegalLife™ Checkup
Part 13. – Property and Assets

                                       Property and Assets
  Personal Residence       Own Individually       Own Jointly with Spouse
                       If owned jointly, do you know how title is held?     Yes    No
                       If jointly how is title held?
                           Joint Tenants with Rights of Survivorship
                           Tenants in Common
                           Community Property
                           Other
                       Have you applied for homestead exemption?          Yes   No

                       Have you signed a homestead waiver?          Yes    No

                        For Homestead forms see Part 18.
  Other Real Estate    Address:
                           Own Individually       Jointly with another person
                       If another person, who?
                       If jointly, how is title held?
                          Joint Tenants with Rights of Survivorship
                          Tenants in Common
                          Community Property
                          Other

                       Address:
                           Own Individually       Jointly with another person
                       If another person, who?
                       If jointly, how is title held?
                          Joint Tenants with Rights of Survivorship
                          Tenants in Common
                          Community Property
                          Other

                       Address:
                           Own Individually       Jointly with another person
                       If another person, who?
                       If jointly, how is title held?
                          Joint Tenants with Rights of Survivorship
                          Tenants in Common
                          Community Property
                          Other


                       If any of the properties are residences, buildings or contain other
                       improvements, do you maintain insurance on the properties?

                       Do you also maintain separate general liability insurance in connection with
                       these properties?

                       Was the home you live in built prior to 1975?       Yes    No

                       Do you own any rental property?        Yes    No   If yes, is there a written

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              lease?       Yes     No

              Do you lease any real estate?             Yes   No   If yes, is there a written lease?
                 Yes    No

              Are you involved in any disputes over your property or neighboring property?
              Yes    No      If yes, please describe:

               For Boundary Lines forms see Part 18.

              Are there are conditions in need of repair/maintenance which could lead to an
              injury on your property? Yes    No       If yes, please describe:

               For Service Contracts forms see Part 18.

              Do you have an option to purchase any real property? Yes              No       If yes,
              please describe:

               For Option Agreement forms see Part 18.

              Have you given anyone an option to purchase property you own? Yes                 No
              If yes, please describe:

              Note: If you own more than three additional parcels of real estate, please let
              us know and we will send you a supplemental form for real estate owned.

              Do you have plans to sell or purchase real estate?

               For Real Estate forms see Part 18.
Automobiles   Auto #1:
              How titled (who owns)?
              Is there a loan on auto?    Yes   No Loan to:
              Is the auto insured?    Yes    No
              Terms of insurance policy.
                  Collision. Amount:
                  Uninsured Motorist Coverage. Amount:
                  Other Coverage. Describe:

              Auto #2:
              How titled (who owns)?
              Is there a loan on auto?    Yes   No Loan to:
              Is the auto insured?    Yes    No
              Terms of insurance policy.
                  Collision. Amount:
                  Uninsured Motorist Coverage. Amount:
                  Other Coverage. Describe:
              Auto #3:
              How titled (who owns)?
              Is there a loan on auto?    Yes   No Loan to:
              Is the auto insured?    Yes    No
              Terms of insurance policy.
                  Collision. Amount:
                  Uninsured Motorist Coverage. Amount:
                  Other Coverage. Describe:


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                                  For Automotive forms see Part 18.
   Stocks/Bonds                  #1
                                 #2
                                 #3
                                 #4
                                 Where do you maintain the evidence of ownership like stock certificates?

                                 Are any of the above owned jointly with another person? Who? Which one(s)
                                 Did you execute any type of survivorship or pay on death form in connection
                                 with these? If yes, please explain your understanding of who receives these at
                                 your death.

                                  For Stock Agreement forms see Part 18.
   Bank Accounts                    Own Individually     Own Jointly with
                                 Did you execute any type of survivorship or pay on death form or deposit
                                 agreement or card in connection with your accounts? If yes, please explain
                                 your understanding of who receives the deposits at your death.
   Certificates of Deposit       Do you own any certificates of deposit?
                                    Own Individually     Own Jointly with      Did you execute any type of
                                 survivorship or pay on death form for these? If yes, explain your
                                 understanding of who receives these at your death.
   Individual Retirement         Do you own any IRAs?
                                    Own Individually     Own Jointly with
Account
                                 Did you execute any type of survivorship or pay on death form for these? If
                                 yes, explain your understanding of who receives these at your death.
   Life Insurance Death          Have you correctly indicated your intended beneficiaries?
Benefits
   Annuity                       Do you own any annuities?
                                    Own Individually    Own Jointly with
                                 Did you execute any type of survivorship or pay on death form for these? If
                                 yes, explain your understanding of who receives these at your death.
   Valuable Collections          Please describe:
   Boats                         Are they required to be registered? Yes       No     If yes, is registration
                                 current? Yes    No

                                  For Boat forms see Part 18.
   Recreational Vehicles         Are they required to be registered? Yes       No     If yes, is registration
                                 current? Yes    No
   Furniture
   Jewelry
   Retirement Accounts
   Notes Receivables
Do you expect to inherit property? Yes No                 If yes, from whom?            Approximate Value:
Do you own any patents or trademarks? Yes                No     If yes, please explain:
 For Patent and Trademark forms see Part 18.
Does anyone owe you money? Yes                  No     If yes, do you have a written promissory note? Yes       No
 For Promissory Note forms see Part 18.




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