These recommendations should be tailored to your specific situation. They will also be able to discuss the pros and cons of different estate planning tools, such as a Will, Trust, or other methods. During your meeting, the attorney can recommend specific documents to enable you to make your wishes legally binding after your death. It’s a good idea to go through this process before meeting with an attorney. Once you know what you have, you should think about where you would want your property to go following your death. You may be surprised at how much you have once you put it all down in one place! Make it legal Frequently when working with an estate planning attorney, the attorney will provide you with a questionnaire to organize this information. If you work with a financial planner or advisor, they can be helpful to assemble this list. This would include bank accounts, investment accounts, retirement accounts, life insurance, real estate, vehicles, stock, bonds, business interests, etc. Sit down and make a list of all of your assets. Your Estate Planning Checklist Itemize your important informationīefore you start your estate plan, it is a good idea to have an idea of what is in your estate. Most of us don’t like to think about what will happen when we are no longer on this earth, much less plan for it! However, planning can give you peace of mind and ensure that you have relieved your loved ones of the burden of tackling a disorganized estate. Death can be a pretty dreary conversation topic.
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