form - financial security handout packet

8/9/2019 Form - Financial Security Handout Packet

http://slidepdf.com/reader/full/form-financial-security-handout-packet 1/17

Financial Security Information IMPORTANT RECORDS FOR:

(Enter Your Name Here…)(Enter Date Here)

Prepared by:

Corbin LindseyFinancial Services Professional

LINDSEY FINANCIAL SERVICES2712 179th PL NE

Marysville, WA 98271Phone: (425) 280-9169

[email protected]

Personal Financial Inventory 1 of 17

mailto:[email protected]%0CDoes

http://www.lindseyadvisors.com/

mailto:[email protected]%0CDoes




DISCLAIMER

Corbin Lindsey and Lindsey Financial Services

Does NOT provide legal or tax advice.

Circular 230 Disclaimer:

To ensure compliance with requirements imposed by the IRS, we inform you thatany U.S. federal tax advice contained in this communication (including anyattachments) is not intended or written to be used, and cannot be used, for thepurpose of (i) avoiding penalties under the Internal Revenue Code or (ii)promoting, marketing or recommending to another party any transaction ormatter addressed herein.

The information contained in this document is for educational purposes only, it is

not intended to be professional tax or legal advice; consult a tax advisor aboutyour specific situation. Please consult your personal financial advisor if you haveany questions about this information and how it relates to your own personalfinancial situation.

ADDITIONAL DISCLOSURE:

At certain places on this document it may state 'links' to Internet addresses which canbe accessed. Such external Internet addresses contain information created,published, maintained, or otherwise posted by institutions or organizationsindependent of Lindsey Financial Services. We do not endorse, approve, certify, or control these external Internet addresses and does not guarantee or assumeresponsibility for the accuracy, completeness, efficacy, timeliness, or correctsequencing of information located at such addresses. Use of any informationobtained from such addresses is voluntary, and reliance on it should only beundertaken after an independent review of its accuracy, completeness, efficacy, andtimeliness. Reference therein to any specific commercial product, process, or serviceby trade name, trademark, service mark, manufacturer, or otherwise does notconstitute or imply endorsement, recommendation, or favoring by Lindsey FinancialServices.




IMPORTANT NOTE:Does your wife or husband, son or daughter, brother or sister, mother or father, executor or lawyer know where all of your persoal papers are kept?

Maintaining a complete, up-to-date information file on the contents and location of your personal papers can be highly useful to you. It will be invaluable to others.

Update this record periodically and whenever significant changes occur in your personal situation.

INSTRUCTIONS 1. Enter your information in the provided forms and print out.2. Put a copy in your safe, safe deposit box and / or give a copy to the person you expect to

handle your personal matters in a crisis.3. Schedule a financial review with each of your Financial Companies on a yearly basis or every

other year basis to make sure they are up to date.

Information for my Heirs and Executor:Personal Details

Name: DOB: SSN#: Name: DOB: SSN#: Name: DOB: SSN#: Name: DOB: SSN#: Name: DOB: SSN#:

DOB = Date of Birth SSN = Social Security #

Current Living Information

AddressCity

Zip Code

Home PhoneCell Phone

EmailWebsite

WORK INFORMATIONHUSBAND

Company NameAddressPhone

Contact

WIFE

Company Name

AddressPhoneContact

Important DocumentsPersonal Financial Inventory 3 of 17



LOCATION

• Birth Certificates• Marriage License

• Insurance Policies• Health Policies

• Auto Insurance• Safety Deposit Box

• Cemetery Papers

• Other???

WILLSLocation

Date of Will

Executor’s NameAddress / Phone

Guardian’s NameAddress / Phone

Contacts: BUSINESSAdvisors & Other Professionals

INSURANCE AGENT

Contact Corbin Lindsey Work # 425-280-9169Company Lindsey Financial Advisors Other Phone SAMEAddress 2712 179th PL NE City, State / Zip Marysville, WA 98271Email [email protected] Website www.lindseyadvisors.comDocuments in professionals possession: Financial Needs Assessment and other documents.

Actions to be taken on survivors behalf: Help facilitate with life investment & insurance proceeds

ATTORNEY

Contact Work #Company Other PhoneAddress City, State / ZipDocuments in professionals possession:

Actions to be taken on survivors behalf:

DOCTOR

Contact Work #

Company Other PhoneAddress City, State / Zip

Documents in professionals possession:Actions to be taken on survivors behalf:


mailto:[email protected]


mailto:[email protected]




ACCOUNTANT

Contact Work #Company Other PhoneAddress City, State / ZipDocuments in professionals possession:Actions to be taken on survivors behalf:

BANKER


INVESTNMENT BROKER

Contact Work #Company Other Phone

Address City, State / ZipDocuments in professionals possession:


PROPERTY & CASUALITY

Contact Work #

Company Other PhoneAddress City, State / ZipDocuments in professionals possession:Actions to be taken on survivors behalf:

MEDICAL INSURANCE

Contact Work #


OTHER

Contact Work #


OTHER





Checklist: Things to have done…

TO DOEXECUTOR DUTIES

DATEDONE

Notify children, family, close friends

Notify State University Medical School about body

Notify accountant, get guidanceClip stock market report from paper on day of death Notify attorney / Insurance Agent / Others… Notify my business associates

Finalize funeral arrangements

Complete and send obituary report to newspaper(s)

Obtain 10-20 copies of death certificate and letters of testamentary Notify banks

Call Social Security AdministrationWrite Veterans Administration or Civil Service Administrationregarding pension and monument

Pay debts/cancel credit card accounts and others Notify alumni association, clubs, and associations

POLICY RECORDSLife Insurance Policies

Insured/Owner

Company andPhone #

PolicyNumber

IssueAge

Type of Insurance

FaceAmount

CashValue

Premium& mode

Disability Income Policies

Insured/Owner

Company andPhone #

PolicyNumber

Mo.Benefi

t

Elimination Period

MaxBenefit

PeriodRiders

Premium& mode




Health Insurance PoliciesInsured/Owner

Company andPhone #

PolicyNumber

Effective Date

DeductibleType of

CoverageMax

BenefitPremium& mode

Property and Causality (Auto) PoliciesInsured/Owner

Company andPhone #

PolicyNumber

EffectiveDate

CoverageAmount

DetailsPremium &

mode

INVESTMENTS

Qualified PlanOwner

PlanType*

InvestmentType** Owner Value Shares Yield

Contributions& Frequency

* IRA, 401(k), TSA, Pension Keogh, SEP, SIMPLE ETC

Non-Qualified Plan

Owner PlanType* InvestmentType** Owner Value Shares Yield Contributions& Frequency

** Stocks, Bonds, Mutual Funds, Annuities, etc.




Other Investments

Owner Company andPhone #

PolicyNumber

Type of Investments

Balance Details Premium& mode

Auto / School / Credit Cards / Other LoansCompany Phone # Type of Loan Card # Balance

Veteran’s Records

Branch of Service Dates Served Service #Veteran’s

Claim Phone #

Other Policies

Owner Company andPhone #

Policy

Number

Typeof

PolicyDetails Premium

& mode




BANK INFORMATION

BANK #1

Bank: Banker:Address: Phone:

Account Name: Account #Type of Acct: Card #

Actions to be taken on Survivor’s Behalf:

BANK #2




BANK #3




BANK #4







LIFE INSURANCE PLANNING(Check this plan out yearly)

Client Spouse

How much life insurance do you personally own? $ $

How much life insurance do you have through work? $ $

Liquid Assets and Investments $ $

TOTAL: $ $

What do you want your life insurance to accomplish?

Final Expenses (Burial) =

Home Mortgage / Rent (10years) =

Education Fund =

Miscellaneous Debt =

Other =

Other =

Lump Sum Capitol Needs upon death (listed above) =

Capitol needed to meet annual income needs =

TOTAL Capitol Needed upon Death: =

Total Needed to Meet Current Needs =




Contacts: PERSONALFamily, Friends, Neighbors, Church, and Organizations…

ContactAddressHOME # Cell #Documents in possession:Actions to be taken on survivors behalf:





ContactAddressHOME # Cell #Documents in possession:






Obituary Report for Publication---Husband

Funeral Home: Telephone: ( ) Deceased’s Name: (Mrs.-Miss-Ms.-Dr.-Rev-Other):

Photo: Yes No Age: Date of Death:

Address:

Died Where: Cause of Death:

Funeral--Place: Time: Date:

Memorial--Place: Time: Date:

Visitation--Place: Time: Date:

Burial/Entombment: City:

Biography:

Birthplace: Years locally:Retired: Yes No If yes, when?

Profession or Trade:

Last Employer:

Schools, Colleges, Special Training:

Memberships (Church, Organizations:

Military (Branch, Rank, and War Service:

Survivors:

See Contacts for publication names and addresses.

Body Organ Donations -- Husband

Authorization (attach a photocopy)

Specify which organ(s):

Recipient organization:

Address:

Phone: Local physician: Telephone: ( ) Burial or disposition procedures:

Funeral Arrangements ---Husband




Funeral Home to Contact: Name

Street: City: State: Zip:

Name of Funeral Director:

Location of pre-arrangement contract:

Religious services:

Officiating Clergy: Telephone:

Military Services:

Fraternal Services:Contact Person Telephone:

Viewing Preference: Open Casket Closed Casket No preference

Notes:

Pallbearers:

Honorary Pallbearers: Music: Cemetery Arrangements: Name of Cemetery:

City, State, Zip: Telephone:

Flowers: Location of Deed: Plot in Name of: Section: Plot Number:

Memorials: Block: Special Instructions:

Other:




Obituary Report for PublicationWife

Funeral Home: Telephone: ( ) Deceased’s Name: (Mrs.-Miss-Ms.-Dr.-Rev-Other)

Photo: Yes No Age: Date of Death:

Address:

Died Where: Cause of Death:

Funeral--Place: Time: Date:

Memorial--Place: Time: Date:

Visitation--Place: Time: Date:

Burial/Entombment: City:

Biography:

Birthplace: Years locally:

Retired: Yes No If yes, when?

Profession or Trade:

Last Employer:

Schools, Colleges, Special Training:

Memberships (Church, Organizations:

Military (Branch, Rank, and War Service:

Survivors:

See Contacts for publication names and addresses.

Body Organ Donations -- WifeAuthorization (attach a photocopy)

Specify which organ(s):

Recipient organization:

Address:

Phone:

Local physician: Telephone: ( ) Procedures:

Burial or disposition procedures:




Funeral Arrangements --- Wife

Funeral Home to Contact: Name

Street: City: State: Zip:

Name of Funeral Director:

Location of pre-arrangement contract:

Religious services:

Officiating Clergy: Telephone:

Military Services:

Fraternal Services:Contact Person Telephone:

Viewing Preference: Open Casket Closed Casket No preference

Notes:

Pallbearers:

Honorary Pallbearers:

Music: Cemetery Arrangements: Name of Cemetery: City, State, Zip: Telephone:

Flowers: Location of Deed: Plot in Name of: Section: Plot Number:

Memorials: Block: Special Instructions:

Other:




Check list of Financial Documents

1. Copy of will. (see next page)

2. Life insurance policies (personal policies and/or through employment).

3. Health insurance policies (personal policies and/or through your employment).

4. Disability insurance policies (personal policies and/or through your employment).

5. Property and Casualty policies.

6. Current investment statements – IRA’s, mutual funds, CD’s, annuities, stocks, bonds, etc.

7. Employee benefit statements – 401(k), pensions, SEP’s, Keoghs.

8. Copy of deeds

9. Long term care or Medicare Supplement policies.




Some Suggestions about Wills

Your Will usually will be the “hub” of your estate plan. Therefore a great deal of thought should go into planning and drafting this document.

Executing a Will does not mean that it can be filed and forgotten. Quite the contrary, changing

circumstances require review of a Will’s provisions. Many problems befall heirs of individuals who fail to put their estates in order.

1. If you do not have a Will

What happens when you do not have a Will ? The state steps in and your property will bedistributed according to the law of intestacy. Usually you will have denied yourself the privilegeof determining who succeeds to your own property and the opportunity to nominate the guardianof your children. Unfortunately, your failure to exercise that privilege may well result inhardship to your family.

Only through a Will can you express your exact wishes as to the way you want your propertydistributed and your children cared for. No matter how much or how little you own, it is likelythat you will need a Will. Will draftsmanship requires a thorough knowledge of the lawgoverning Wills and should be left to your lawyer.

2. If you have a Will

Even if you have a Will, changes in tax laws or in family situations may render it obsolete. It isimportant that a Will be up-to-date. Changed conditions require a change in a Will. For example- if you have any of these situations, then the chances are that your Will may need reviewing.

a. Bought or sold property?

b. Moved into a different county or state?c. Planned your retirement?d. Taken a new dependent - a widowed parent, a sick relative?e. Incurred new obligations chargeable against your estate?f. Has the law change since your last revision?g. The nominated guardian of your children needs reviewing.

It is wise, therefore, to review your Will from time to time with your

lawyer.
