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Laredo Texas Form Instructions 709: What You Should Know

CUT. How to Complete Report of Net Worth for the City of Laredo Jan 18, 2025 — This is completed on the back of the Form 709. Fill out the following parts. Step 1. Name of Business or Corporation (A) The form name (B) The name and address of the place of business of your corporation (C) List all of your employees' names and addresses (D) List all memberships of your corporation (E) The current status of your corporation (F) The date you assumed control of the corporation and the date you took control over it (G) The names and addresses of any predecessor corporations or partnerships (H) List names and addresses of beneficiaries of the corporation (I) List all of your real estate you own, if any (J) List all other assets and liabilities of the corporation (Step 2. The total amount of the assets of the corporation, if any, that consist of a gift of value of 250.00 or less (K) The total of the assets of the corporation, if any, that consist of tangible personal property and intangible personal or real property, the value of which is not more than 250.00 (L) The name of the individual, not having a spouse, who is responsible for the day to day management of the business, if different from the corporation, or the entity with which the corporation is associated (M) The date of the transfer, if different from the date of the assumption of control  A. If the transfer was pursuant to the provisions of Article 6, Division 7, of the Texas Property Code, the amount of the gift, if any, and the total amount of your donation, if any, must be clearly stated on the back of the form.  B. If the transfer was pursuant to the provisions of Article 4, Division 5, of the Texas Property Code, the amount of the gift, if any, and the total amount of your donation, if any, must be clearly stated on the front of the form.  C. If the transfer was pursuant to the provisions of Articles 15, 16 or 27, of the Texas Property Code, the amount of the gift, if any, and the total amount of your donation, if any, must be clearly stated on the back of the form.  D.

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