- Residence
- Current value of your home. This should be as close as possible to the actual market value of your home. If you have owned your home for a number of years, the current market value could be significantly higher than your original purchase price.
- Vacation property
- The value of any vacation property or real-estate you may own.
- Other real estate
- The value of any other real-estate you may own. Include second homes, undeveloped land, rental property or any commercial buildings you may have an interest in. As with your home, use the actual market value of this real-estate.
- Chequing/savings
- The current total balance of your chequing and savings accounts.
- Life insurance cash value
- Some life insurance has a cash value. This is true for Whole Life and Universal Life policies. Term Life policies, on the other hand, have no cash value. If you have life insurance with a cash value, enter the total here. Remember, this should be the cash value of the policy, not the amount paid out if you were to collect on the policy.
- Mutual funds
- If you own any mutual funds, enter the total here. Do not include any mutual funds that are in your registered retirement accounts, they were already included in the "Registered retirement accounts" line.
- GICs
- The total value of any Guaranteed Investment Contracts.
- Stocks
- If you own any individual stocks, enter the total here. Again, do not include any stocks that are held in a registered retirement account.
- Other liquid assets
- Any other assets that can be easily turned into cash. This could include savings bonds, bonds and cash.
- Pension value (RRSPs)
- The current total balance of your registered retirement accounts. This would include RRSPs (term deposits, mutual funds), RRIFs, Employer Pension Plans, annuities and any other registered retirement savings you may have.
- Jewelry/Art
- The value of any art, jewelry, gems or precious metals such as gold or silver. If you have owned these items for a number of years they may have appreciated in price, remember to use the current market value.
- Furnishings/antiques
- The value of your household goods and items. This would include items such as furniture, home electronics, silverware, etc.
- Vehicles
- This is the total value of all Vehicles that you own. Do not include any leased vehicles.
- Credit cards
- Your total credit card debt.
- LOC balance
- A line of credit balance.
- Other short term loans
- Total amount, if any, of any other short term loans or debt you may have.
- Mortgage
- This is the current principal balance for real-estate mortgages you may have. This includes mortgages on your home, rental property, undeveloped land, commercial property or any other real-estate.
- Person loans
- Total amount you currently have outstanding on your auto loans, student loans and any other personal loans. You should enter the total outstanding even if these loans are currently in deferment.
- Investment loans
- Total amount, if any, of any investment loans you may have.
- Other long term loans
- Total amount, if any, of any other long term loans you may have.
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