4/22/2024 0 Comments Basic estate planning checklistThe answers to these questions often form the basis of your estate plan: However, it can be helpful to consider some key questions before meeting with your attorney. After discussing your preferences, your attorney works with you to gather information necessary to draft the documents you need to protect yourself, your property, and your heirs. Your estate-planning lawyer helps you identify your goals and needs regarding an estate plan. Estate-Planning Checklist for First Meeting with an Estate-Planning Attorney Medical directives - allow you to appoint an agent for health care, and to dictate end-of-life care and other health care decisions, even if you are unable to speak for yourself because of an illness or injury.ĭepending on your estate-planning goals and needs, your attorney may advise you to utilize several of the above documents or additional estate-planning documents as part of your estate plan.Beneficiary designations and jointly titled property - allow you to pass certain property directly to another person without going through probate.Trusts can avoid probate and provide tax advantages, and can also address specific concerns, such as legacy planning, retirement accounts, providing for children or individuals with special needs, providing for pets, and charitable giving. Trust Agreements - create legal entities that can hold title to certain property.Powers of Attorney - allow you to appoint an agent to handle financial matters and health care decisions.You can also appoint a guardian for minor children in your Will. Last Will and Testament (“Will”) – the basic estate-planning document that directs how your assets are distributed after your death.Below is a checklist of estate-planning documents to discuss with an estate-planning lawyer. It can help to have a basic knowledge of the various types of estate-planning documents you might use when you develop your estate plan. Estate-Planning Checklist – Basic Estate Planning Documents A California estate-planning attorney can simplify the estate-planning process by guiding you through each step, including preparing an estate-planning checklist for you. They do not understand the process or what information they need for an estate plan. One reason many people do not develop an estate plan is that they believe the estate-planning process is difficult.
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