Estate Planning Questionnaire



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Estate Planning Questionnaire John M. Tassillo Jr., Esq. Partner 973.451.8434 jtassillo@riker.com

GENERAL INFORMATION Marital Status: Married Unmarried Unmarried, with long-term partner (domestic partner) Registered Domestic Partners? Yes No Don t Know Client and Information First : Middle: Last: Nickname (if any): Alias (if any): Gender: Male Female SS#: DOB: U.S. Citizen? Yes No If No, specify citizenship: Health: Excellent Reasonably good Poor Serious Adverse Condition Any previous marriages? Yes No (If so, please provide copy of divorce settlement agreement(s)) Spouse/Partner and Information First : Middle: Last: Nickname (if any): Alias (if any): Gender: Male Female SS#: DOB: U.S. Citizen? Yes No If No, specify citizenship: Health: Excellent Reasonably good Poor Serious Adverse Condition Any previous marriages? Yes No (If so, please provide copy of divorce settlement agreement(s)) Contact Information Address Client Spouse/Partner Home Phone Home Fax Personal E-mail Business Phone Business Fax Business E-mail 1

CHILDREN (if applicable) Living Gender Date of Birth Child 1 Y N M F Child of Both Child of Client only Child of Spouse/ Partner only Child 2 Y N M F Child 3 Y N M F Child 4 Y N M F Child 5 Y N M F Child 6 Y N M F Child 1 Child 2 Child 3 Child 4 Child 5 Child 6 Address (if not living with client and spouse/partner) Home Phone Work Phone Guardian(s) for Minor or Disable Children (if applicable): Initial Guardians/Conservators Address Successor Guardians/Conservators Address GRANDCHILDREN (if applicable) Living Gender Date of Birth G-child 1 Y N M F Grandchild of Both Grand child of Client only Grandchild of Spouse/ Partner only G-child 2 Y N M F G-child 3 Y N M F G-child 4 Y N M F G-child 5 Y N M F G-child 6 Y N M F 2

CLIENT S DISPOSITIVE PROVISIONS Cash Gifts (cash and cash-equivalent gifts) of Recipient Relationship Amount Gifts of Real Estate of Recipient Relationship Description of property Gifts of Tangible Property (autos/jewelry/art/etc.) of Recipient Relationship Description of property Gifts of Intangibles (stock/bonds/annuities/etc.) of Recipient Relationship Description of property SPOUSE/PARTNER S DISPOSITIVE PROVISIONS Cash Gifts (cash and cash-equivalent gifts) of Recipient Relationship Amount Gifts of Real Estate of Recipient Relationship Description of property 3

Gifts of Tangible Property (autos/jewelry/art/etc.) of Recipient Relationship Description of property Gifts of Intangibles (stock/bonds/annuities/etc.) of Recipient Relationship Description of property Spouse/Partner CLIENT S RESIDUAL GIFTS (after specific gifts, above) Want to provide primarily for your Spouse/Partner (and then secondarily for children/descendants, if any)? Yes No If Yes, prefer gift to Spouse/Partner to be given: Outright In a Trust Children/Descendants Prefer gift to children (if any) to be given: Outright In a Trust Do you wish to treat children equally? Yes No Prefer gift to grandchildren (if any) to be given: Outright In a Trust Do you wish to treat grandchildren equally? Yes No Beneficiaries Are there any other individuals you support, or expect to support in the future? Yes No If Yes, please specify: Specify gifts(s) to other beneficiary(ies): 4

Spouse/Partner SPOUSE/PARTNER S RESIDUAL GIFTS (after specific gifts, above) Want to provide primarily for your Spouse/Partner (and then secondarily for children/descendants, if any)? Yes No If Yes, prefer gift to Spouse/Partner to be given: Outright In a Trust Children/Descendants Prefer gift to children (if any) to be given: Outright In a Trust Do you wish to treat children equally? Yes No Prefer gift to grandchildren (if any) to be given: Outright In a Trust Do you wish to treat grandchildren equally? Yes No Beneficiaries Are there any other individuals you support, or expect to support in the future? Yes No If Yes, please specify: Specify gifts(s) to other beneficiary(ies): CLIENT S EXECUTOR(S) (for Wills) Initial Executor(s) Under Client s Will Check if Spouse/Partner is first choice Successor Executor(s) Under Client s Will (to serve at death/disability of Initial Executor(s) 5

SPOUSE/PARTNER S EXECUTOR(S) (for Wills) Initial Executor(s) Under Spouse/Partner s Will Check if Spouse/Partner is first choice Successor Executor(s) Under Spouse/Partner s Will (to serve at death/disability of Initial Executor(s) CLIENT S TRUSTEE(S) (if applicable) Initial Trustee(s) for Client (applicable if trusts being considered) Successor Trustee(s) for Client (applicable if trusts being considered) SPOUSE/PARTNER S TRUSTEE(S) (if applicable) Initial Trustee(s) for Spouse/Partner (applicable if trusts being considered) Successor Trustee(s) for Spouse/Partner (applicable if trusts being considered) 6

CLIENT S HEALTH CARE DIRECTIVES Do you have a current Living Will? Yes No If yes, date: Do you have a current Health Care Proxy (also called Health Care Power of Attorney or Health Care Directive)? Yes No If yes, date: Do you have a HIPAA Authorization? Yes No If yes, date: IF YOU DO NOT HAVE A LIVING WILL OR HEALTH CARE DIRECTIVE OR YOUR DOCUMENTS ARE OLDER THAN THREE (3) YEARS OLD PLEASE COMPLETE THE FOLLOWING: Primary Health Care Agent and Address Home Phone Work Phone Alternate Health Care Agent(s) and Address Home Phone Work Phone and Address Home Phone Work Phone and Address Home Phone Work Phone CLIENT S DURABLE POWER OF ATTORNEY Primary Agent(s) Address Phone Alternate Agent(s) Address Phone 7

SPOUSE/PARTNER S HEALTH CARE DIRECTIVES Do you have a current Living Will? Yes No If yes, date: Do you have a current Health Care Proxy (also called Health Care Power of Attorney or Health Care Directive)? Yes No If yes, date: Do you have a HIPAA Authorization? Yes No If yes, date: IF YOU DO NOT HAVE A LIVING WILL OR HEALTH CARE DIRECTIVE OR YOUR DOCUMENTS ARE OLDER THAN THREE (3) YEARS OLD PLEASE COMPLETE THE FOLLOWING: Primary Health Care Agent and Address Home Phone Work Phone Alternate Health Care Agent(s) and Address Home Phone Work Phone and Address Home Phone Work Phone and Address Home Phone Work Phone SPOUSE/PARTNER S DURABLE POWER OF ATTORNEY Primary Agent(s) Address Phone Alternate Agent(s) Address Phone 8

ASSETS AND LIABILITIES Personal Net Worth (combined): $ Client Annual Income: $ Spouse/Partner Annual Income: $ Client has interest in qualified pension plan(s)? Yes No Spouse/Partner has interest in qualified pension plan(s)? Yes No Client has interest in a foreign bank account? Yes No Spouse/Partner has interest in a foreign bank account? Yes No Please bring (A) a list of all life insurance policies on each of your life and your spouse/partner s life showing the face value, policy loans, the owner and beneficiary of each policy, and (B) copies of all IRA/Retirement account beneficiary designations. Cash FINANCIAL SUMMARY DESCRIPTION ASSETS LIABILITIES Savings Checking Client Spouse/ Partner Joint Securities Accounts (Non-retirement) Residences Personal Property Intangibles Primary Residence Secondary Real Estate Automobiles Jewelry Art or Collections Boats Note & Mortgage Receivables Future Inheritance Interests in Trusts Annuities 9

Retirement Benefits DESCRIPTION ASSETS LIABILITIES IRAs 401K Keogh Plan SEP Client Spouse/ Partner Joint Life Insurance Cash Value of all policies OTHER PLANNING ISSUES Client Spouse/Partner Do you want to benefit charity? Y N Y N Do you have any ownership in a farm or ranch? Y N Y N Do you have any ownership in a closely held business? Y N Y N Do you own stock in a SubChapter S corporation? Y N Y N Do you have any ownership in a medical, dental or veterinarian practice? Y N Y N Do you own a valuable collection? (e.g., art, stamp collections) Y N Y N Do you own interest in gas/oil? Y N Y N Do you own significant interests in real estate? Y N Y N Have you designated anyone as a beneficiary of a non-retirement account (such as pay on death or Totten Trust accounts)? (If so, Y N Y N please specify accounts and identify beneficiaries below.) Are you the beneficiary of a trust created by someone else? (If so, please supply a copy of the trust agreement.) Y N Y N Do you expect to inherit significant assets? (If so, please describe below.) Y N Y N 10

MISCELLANEOUS Do you have an existing will? Yes No (If so, please provide copy.) Does your Spouse/Partner have an existing will? Yes No (If so, please provide copy.) Do you have a safe-deposit box? Yes No Location of safe-deposit box: Location of important papers: Have you made gifts to any one person exceeding the gift tax annual exclusion (currently $14,000*) in any one calendar year? Yes No Has your Spouse/Partner made gifts to any one person exceeding the gift tax annual exclusion (currently $14,000*) in any one calendar year? Yes No Have you ever filed a Federal Gift Tax Return? Yes No If Yes, Years of Returns filed (please provide copies): Has your Spouse/Partner ever filed a Federal Gift Tax Return? Yes No If Yes, Years of Returns filed (please provide copies): Have you ever created a revocable or irrevocable trust? Yes No (If so, please provide copy.) Has your Spouse/Partner ever created a revocable or irrevocable trust? Yes No (If so, please provide copy.) Do you have any other issues of which I should be aware? Yes No If Yes, please describe: * The gift tax annual exclusion was $10,000 for gifts made in 2001 or earlier; $11,000 for gifts made in 2002, 2003, 2004, or 2005; $12,000 for gifts made in 2006, 2007, or 2008; $13,000 for gifts made in 2009, 2010, 2011 or 2012; and $14,000 for gifts made in 2013 or later. 11

ADDITIONAL ITEMS FOR ESTATE PLANNING MEETING 1. Copy of any divorce settlement agreement(s) 2. Copy of each Beneficiary designation. Please bring (a) (b) a list of all life insurance policies on each of your life and your spouse/partner s life showing the face value, policy loans, the owner and beneficiary of each policy; and copies of all IRA/Retirement account beneficiary designations. 3. Copy of any trust agreement under which you are a current or future beneficiary. 4. Copy of existing will, if any. 5. Copy of Spouse/Partner s existing will, if any. 6. Copy of each Federal Gift Tax Return (Form 709) you have filed. 7. Copy of Spouse/Partner s Federal Gift Tax Return(s). 8. Copy of each revocable or irrevocable trust you have created. 9. Copy of each revocable or irrevocable trust your Spouse/Partner has created. 4433153v1 12