Inputting debts works exactly the same way as inputting assets.
QE covers 12 different debt types, including a category called “Other Debts”.
Click “Debts” in the left column.
Click on “+Add another debt”
Click “Select a Debt” to view the complete list and choose your first debt, e.g. Mortgage.
While every data field in the Organizer may have eventual relevance to the executor, all debt fields are optional. You and your advisor decide what’s most relevant.
The fields of most immediate value to your executor, are highlighted in pink.
The “Get Informed” tab, left of the data fields provides useful tips relevant to each debt.
Data saves automatically.
To close a debt and return to your debt list, click on the name of the debt (that you’re working on)
You can add as many mortgages as you like. To add the next one, click “+Add another debt”
Click “Select a Debt” and choose “Mortgage” again or select a different debt.
Each one appears on the list of debts and in the Summary of Assets & Debts.
To delete a debt, click the small white check box, left of the debt name, click the red “Delete” button at the top, and click OK to confirm.
To print the details of a particular debt, click the Print button to the right of the asset description. Pop a hard copy into your Will file.
The print button also allows you to download the details of individual assets and debts as well as the Summary of Assets & Debts to your own computer.
QE is not responsible for the security of any data downloaded from our software to a user's computer. The onus is on the user to ensure that they have adequate and current firewalls and virus protection installed on their device to protect against intruders.