Estate Planning Checklist
Summary: Inventory assets : Compile a comprehensive list of all your assets, including real estate, investments, and personal property. Establish beneficiaries : Determine and document your chosen beneficiaries for each asset, making sure to keep beneficiary designations up-to-date. Draft essential documents : Create a will, trust, and/or other necessary estate planning documents to protect your assets and ensure your wishes are followed. Assign fiduciaries : Select a trustworthy executor, trustee, and/or power of attorney to manage your estate and make decisions on your behalf. Review and update : Regularly review and update your estate plan, particularly after significant life events, to ensure it remains accurate and up-to-date. Take Stock of Your Assets: Inventory Everything You Own To begin your estate planning journey, it's essential to create a detailed inventory of all your assets. This list should co...