Other Assets

Other Assets allows you to enter the Value and Cost Base of any other significant assets personally owned. For example: jewels or antique cars. Ensure that you enter the assets in the correct column based on the following:

• Index at the rate of inflation: Assets that will increase in value at a rate similar to inflation.
• Index at investment rate of return: Assets that will increase in value at the investment rate of return.
• No index to be applied: Assets that you do not anticipate will increase in value.

Value: Enter the current value of any Other Assets to be included.

Cost Base: Enter the current cost base of the selected asset. The software will utilize this amount when calculating the tax liability from an estate and net worth perspective.

*The software will not liquidate fixed assets to help fund the client’s retirement goals. Instead, the software will calculate the retirement assets required and compare this amount to the client’s total assets. This can be seen on the Financial Assets Chart. In most cases, this allows you to look at the effect of liquidating fixed assets without the need to enter a physical liquidation.