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A non-liquid asset cannot be converted into cash quickly.
Enter a descriptive name, the balance of the asset, the basis, the appreciation rate, the after-tax income rate, the type of ownership, and who the beneficiary is, as of the valuation date defined in Step 2: Assets and Liabilities.
If you want to reinvest any income from this asset, check the box next to Reinvest Income into asset?
Check the box if the asset is community property.
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