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Asset Transfer Verification Checklist

Asset Transfer Verification Checklist

Funding Questions

The Red Check Review System™

Brown & Vogel, LLC, will review asset transfers through The Red Check Review System™. The Red Check Review System™ is our way of verifying that your accounts are titled correctly. We require the following information to verify that your accounts are titled properly. Please forward the appropriate paperwork to our office. We will check the paperwork that you have sent to our office and we will red check it if we agree that it is titled correctly.

Below are the types of paperwork that are acceptable for the Red Check Review.

Type of AssetsTransfer Paperwork
BankCopy of Bank Signature Card or recent statement
InvestmentCopy of Account Statement
529 PlansCompany letterhead or statement showing correct owner and successor owner
StocksCopy of certificate or account statement
BondsCopy of bond or account statement
Treasury DirectCopy of account statement
VehiclesCopy of vehicle title or current registration
Individual Retirement Accounts (or qualified IRA annuities)Primary and Contingent Beneficiary Designation on Company letterhead or statement
Life InsurancePrimary and Contingent Beneficiary Designation of Company letterhead or Policy Application
2nd to Die Life PoliciesPrimary and Contingent Beneficiary Designation on Company letterhead or Policy Application
Company Retirement Plans (401(k)/Profit Sharing)Primary and Contingent Beneficiary Designation on Company letterhead or Policy Application
Annuities (non-qualified)Primary and Contingent Beneficiary Designation on Company Letterhead or Account Application
Monies Owed to ClientCopy of note or assignment of note
Corporate InterestsCopy of Certificate
Sole Proprietorship/Partnership/LLC InterestsCopy of ownership documents
Oil, Gas & Mineral InterestsCopy of Assignment
Real EstateCopy of filed Deed
Safe Deposit BoxCopy of signature card showing trusts as authorized users or letter from bank stating that they aren’t able to place the trust as owner or Assignment to Living Trust
Disability InsurancePrimary and Contingent Beneficiary Designation on Company letterhead or Policy Application
Long Term Care InsurancePrimary and Contingent Beneficiary Designation on Company letterhead or Policy Application
Insurance – Travel/Accidental/Death/Cancer/ Employer PaidPrimary Beneficiary Designation on Company letterhead or Policy Application
Minor children’s accountsCompany letterhead or statement showing the UTMA/UGMA designation
Homeowners/Auto InsuranceCompany Letterhead or statement showing trust as additional insured

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