Missouri Personal Property Inventory Questionnaire

Category:
State:
Multi-State
Control #:
US-Q1032
Format:
Word; 
Rich Text
Instant download

Description

This form addresses important considerations that may effect the legal rights and obligations of the parties in a property-related matter, such as insurance and estate planning. This questionnaire enables those seeking legal help to effectively identify and value their personal property in an organized manner. Thorough advance preparation enhances the attorney’s case evaluation and can significantly reduce costs associated with case preparation.



This questionnaire may also be used by an attorney as an important information gathering and issue identification tool when forming an attorney-client relationship with a new client. This form helps ensure thorough case preparation and effective evaluation of a new client’s needs. It may be used by an attorney or new client to save on attorney fees related to initial interviews.


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FAQ

A complete inventory includes the following information about each item on your inventory list:The room in the house where it's located.Item description and quantity.Purchase date.Place of purchase.Original cost.Estimated current value.Serial and model number.An accompanying videotape or still photographs of each item.More items...

Use technology to make your home inventory easierTake pictures Create a photo record of your belongings.Tape it Walk through your house or apartment videotaping and describing the contents.Use an app There are many mobile app options that can help you create and store a room-by-room record of your belongings.

What is a personal property inventory?The room in the house where it's located.Item description and quantity.Purchase date.Place of purchase.Original cost.Estimated current value.Serial and model number.An accompanying videotape or still photographs of each item.More items...

Personal Property Tangible property that is not real property. This includes automobiles, trucks, farm implements, boats, office equipment, machinery and equipment.

According to MO State Statute 137.075 Persons owning or holding tangible personal property on the 1st day of January shall be liable for taxes. Personal property includes all motor vehicles, motorcycles, recreational vehicles, trailers, boats, motors, mobile homes, aircraft, farm machinery, livestock and grain.

Creating a list of your personal items can also help you find the appropriate coverage for your needs. Many consumers don't realize the true value of their possessions until they're forced to place a value on them, and you don't want that time to be at a time of loss. Then, it's too late.

Your furniture, appliances, clothing, sports/hobby equipment, and electronics are all regarded as personal property. After a loss, too many people find out they should have increased their coverage amounts or purchased replacement cost coverage.

Ideally, your inventory should include information like the item's description and the item's purchase price or estimated replacement value. For an extra detailed home inventory list, include the item's purchase date and serial or model number.

Personal property inventory checklist Be sure to record critical information for each possession on your personal inventory list, including a full description, serial or other identifying number, purchase price or value, estimated current value, and the item's location in your home or on your property.

Use technology to make your home inventory easierTake pictures Create a photo record of your belongings.Tape it Walk through your house or apartment videotaping and describing the contents.Use an app There are many mobile app options that can help you create and store a room-by-room record of your belongings.

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Missouri Personal Property Inventory Questionnaire