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Sample: One-Page Summary of the Dough Estate
(KEY: JD=John Dough, MD=Mary Dough, RD and AD=children of the Doughs; B=Beneficiary, CB=Contingent Beneficiary, J=Jointly Owned)
Insurance
| MetLife (JD) |
100,000 |
B=MD |
CB=RD (50%) AD (50%) |
| Prudential (MD) |
100,000 |
B=JD |
CB=RD (50%), AD (50%) |
| State of New Jersey (JD) |
45,000 |
B=MD |
|
Pensions
| TIAA-CREF (JD) |
1,000,000 |
B=MD |
CB=RD, AD (50%), Rutgers (50%) |
| Ourtown EduFund (MD) |
300,000 |
B=JD |
CB=RD (50%), AD (50%) |
IRAs
| Teachers (JD) |
80,000 |
B=MD |
|
| Merrill Lynch (MD) |
90,000 |
B=JD |
|
Other Investments
| Fidelity Mutual Fund (JD) |
150,000 |
B=MD |
CB=RD (50%), AD (50%) |
| Duff & Phelps (MD) |
50,000 |
B=JD |
CB=Ourtown Community Fund |
Cash
| RU Fed Credit Union (JD) |
12,000 |
B=MD |
|
| Ourtown Credit Union (MD) |
38,000 |
B=RD (50%), AD (50%) |
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Real Estate
| Principal Residence (J) |
200,000 (*) |
|
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Miscellaneous Valuables
| Antiques, Furnishings, Cars |
50,000 (*) |
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| TOTAL |
1,970,000 |
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(* Accounted for in reciprocal wills)
This material was prepared by Todd Hunt, director of the Retired Faculty Association of Rutgers University.
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