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%) |
Real Estate
| Principal Residence (J) | 200,000 (*) |
Miscellaneous Valuables
| Antiques, Furnishings, Cars | 50,000 (*) | ||
| TOTAL | 1,970,000 |
(* Accounted for in reciprocal wills)
This material was prepared by Todd Hunt, director of the Retired Faculty Association of Rutgers University.