Checklist for Easily-Overlooked Assets

Compiling a complete list of assets is important in divorce cases. Here are some assets that are easily-overlooked:

Frequent flyer mileage
Security deposits (e.g., utilities, car lease)
Timeshare property
Leased vehicles, cell phone, other items
Stock options
Unused vacation, sick leave
Patents, copyrights, royalties
Income tax refunds, capital loss or charitable contribution carry-forwards
Marketable govt licenses (radio licenses, commercial fishing quotas)
Special retirement benefits (“golden parachutes”)
Retirement – life insurance benefits, medical benefits, survivor benefits
Affiliation “rewards” programs (e.g., points or discounts for credit card use)
Entertainment tickets, season ticket options
Business vehicle for personal use
Prepaid rent, leases, subscriptions
Burial plots
Life insurance cash surrender value (or perhaps death benefit if insured is elderly)
Tort, worker’s comp claims
Stock options
Hotel or credit card points
Small business retained earnings
US Savings Bonds, other securities
“Hidden value” items – rare items of personal property (e.g., antiques), rare pets, collectibles
Options to purchase property
Unpaid commissions on deals set to close
Referral fees (e.g., for personal injury lawyers)
Security or performance bonds posted
Any prepaid insurance
Taxes prepaid
And everyone’s favorite … cash

Source: Stephen M. Worrall, published at his Georgia Family Law Blog