Ownership - Tag assets, sections, sheets, and portfolios by owner.
If you want to see how your wealth is distributed across people, trusts, and other entities within a single portfolio, use Ownership tags.
How it works
You can assign ownership to a Person or Trust. Kubera rolls up the value of their assets and debts and shows their net worth by owner in the Ownership summary screen accessible in the sidebar.
You can set ownership at four levels:
- Portfolio level
- Sheet level
- Section level
- Asset level
Ownership assigned at the portfolio, sheet, or section level automatically applies to everything below it. You can override the inherited ownership for individual assets or debts when needed.
How to assign ownership
To assign an owner to an asset or debt:
- Open the asset or debt details by clicking the 4-line icon on the right side of the row.
- Go to the Assorted tab.
- Select Ownership.
- Select the owner.
You can also assign ownership directly at the sheet, section or portfolio level.
Important Notes
Trusts: Use Trust for irrevocable trusts. A revocable trust is still effectively under your control, so add it as a Person instead of creating a separate Trust.
Other entities: Entities you fully control can also be added as a Person. For example, if you fully control an LLC, you can add the LLC as a Person.
Ownership tags vs. Nested Portfolios
Ownership is designed for keeping everything in one portfolio while tracking who owns what. It's useful for getting the big picture, consolidated reporting, and easy management.
For more complex structures, give each person, trust, or entity its own portfolio. Nested Portfolios provide independent views, granular access control, and the ability to track money flows between portfolios. See Nested Portfolios.
Ownership tags and Nested Portfolios are exclusive to Kubera Black users.