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20172018 Parent Asset Documentation
Based on the information on your Free Application for Federal Student Aid (FAFSA) we have determined that we need details regarding
your parent asset information.
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How to fill out your parent asset information

How to fill out your parent asset information
01
Gather all necessary financial documents such as bank statements, investment portfolios, property deeds, and insurance policies.
02
Create a list of all assets owned by your parents, including their estimated value and any outstanding debts or liabilities associated with them.
03
Provide detailed information about each asset, such as the type of asset (e.g., cash, stocks, real estate), the date of acquisition, and any income generated from it.
04
Include information about any held ownership or joint ownership of assets, if applicable.
05
Fill out the necessary forms or templates provided by the relevant institution or organization requiring the parent asset information.
06
Double-check all the provided information for accuracy and completeness.
07
Submit the completed asset information form to the designated entity or individual.
Who needs your parent asset information?
01
Various entities may require your parent asset information including:
02
- Financial institutions for loan or mortgage applications.
03
- Insurance companies for policy purposes.
04
- Government agencies for tax assessment or benefits eligibility.
05
- Estate or probate lawyers for estate planning or asset distribution purposes.
06
- Financial advisors or accountants for financial planning or asset management.
07
- Potential buyers or investors in case your parents want to sell or transfer ownership of their assets.
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What is your parent asset information?
Parent asset information includes details of assets owned by a parent.
Who is required to file your parent asset information?
Anyone who has a parent with assets that need to be reported.
How to fill out your parent asset information?
You can fill out the parent asset information form provided by the relevant authority.
What is the purpose of your parent asset information?
The purpose is to provide transparency and prevent conflicts of interest.
What information must be reported on your parent asset information?
All assets owned by the parent, including real estate, investments, and other valuables.
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