Current Assets List

A current assets list is for any individual that would like to enter all items under their ownership, including, but not limited, to personal property (household items, jewelry, vehicles, etc.), bank accounts, real estate, investments, life insurance policies, and any other valuables. A current assets list is commonly used when creating a Last Will and Testament or as part of completing an Estate Planning Checklist to identify all assets and holdings that may be unbeknownst to heirs and beneficiaries of the individual.

How to Write

Download in Adobe PDF, Microsoft Word (.docx) or Open Document Text (.odt).

1 – Download The Current Assets List

This template is downloadable by clicking any of the buttons under the preview image then saving the form to your machine. Make sure you have a compatible program for the format you choose so that you can work directly onscreen.

2 – Document The Date And The Issuer Of This List

Supply the current Calendar Date using the first line on this page. This should be reported as a Month Name and Calendar Day on the first blank space and the Year on the second blank space. It will be crucial to the validity of this paperwork that we solidify the Issuer’s identity. This is the individual who will declare that he or she owns or partially owns all tangible and intangible properties on this list. Locate the first article “Identification.” Enter the First and Last Name of the Declarant issuing this paperwork on the spaces labeled “First Name” and “Last Name.” The next item we will use as a means of identification will be the Declarant’s Social Security Number. This should be reported using the three pre-formatted blank spaces labeled “SSN.” The Declarant’s Status must also be discussed. Enter his or her “Residency” and “Citizenship” Status on the next two blank spaces in this section.

3 – Define The Declarant Personal Property And Assets

Now that we have identified the Declarant, we must now address his or her “Personal Property & Assets.” The second article will be divided into several topics. Some space has been provided after each one so that a report defining each Declarant Property and Asset can be presented in an organized fashion.

The first two items, “Motor Vehicles” and “Boats,” will allow a record of the Vehicles owned, or partially owned by the Declarant. In cases where the Declarant is a Co-Owner of one or more of either of these types of Vehicles make sure to list the other Owner’s Name. When reporting a Vehicle in this section, describe it fully and deliver the numbers it is identified with. For instance, when documenting an automobile, list the Make, Model, Year Of Manufacture, Color, Vehicle Identification Number, and Odometer Reading. If reporting a Boat, then document its length, color, Hull Identification Number, Make, Model, and Year of Manufacture. Next, make a record of all the Stocks and Bonds owned by the Declarant on the “Stocks/Bonds” line. Make sure to include the Date Acquired and whether it is a short-term or long-term transaction. Include any applicable account numbers as well. Produce the Account Numbers and Institutions for the Declarant’s “Retirement Accounts” and “Life Insurance Policies” using the next two areas. The next two items in this article “Trademarks” and “Copyrights/Patents” will give an opportunity to document the Declarant’s Intellectual Property. If the Declarant owns any Trademarks, Copyrights, and/or Patents or has partial rights to ownership, this should be detailed in these sections. If any certification exists, make sure to include a copy as an attachment.  Make a detailed list of every physical item in the Declarant’s Household then present it on the blank lines labeled “Household Inventory.”

4 – Report On The Financials Of The Declarant

The Declarants Financial information should be produced in the third article. Use the blank lines labeled “Accounts (Bank Name, Account & Routing Numbers)” to list every Financial Institution the Declarant holds an Account with along with the identifying information of each Account (i.e. Account Number and Routing Number).

5 – Produce A Record On The Declarant Real Estate

The Declarant’s Real Estate Property should be fully defined in the fourth article (titled “Real Estate”). Three different areas have been reserved for this purpose. We will divide the Declarant’s interests in Real Estate by Ownership, Leasing, and Other (i.e. Timeshare). Use the first section to list all the Deed/Title Information regarding Real Estate the Declarant owns, the second section to list the Leasing Information, and the third to detail information regarding other arrangements or Real Estate interests held by the Declarant.

6 – Furnish A Roster Of Declarant Business Entities

If the Declarant owns or partially owns any “Business Entities” then, record the Name, that business’ State of Incorporation, and the Percentage owned by the Declarant on the blank lines in the fifth article (“Business Entities”).

7 – Fully Detail Any Remaining Tangible And Intangible Possessions

Any other Ownerships the Declarant holds will also have to be adequately documented. An additional the sixth article, “Other,” will supply an area where any additional interests of the Declarant can be documented.