![]() List of all your names (past or present) and dates changed.All checking, savings, and investment accounts.Long-term care, medical, supplemental medical, homeowners, car, umbrella, and business insurance.Term life, annuity, and disability insurance policies.Your lawyer can help you through all of this information, so you know what you need to include. In the case of objects or assets owned, make sure you specify where you want each item to go upon your death. You will also want to include the following documents (if they apply to you), but make sure you list all important names, addresses, email addresses, phone numbers, who have the original documents and the copies, what the last signed date was on these documents, who prepared the documents, and any other necessary information you can provide. Spouse and children’s names, addresses, phone numbers, birth dates, social security numbers, etc.Your parent’s names, especially your mother’s maiden name.This includes security questions that you had to set up for each account Email addresses and passwords to any important online information, especially credit cards, banks, loans, etc.Here is the kind of information you’ll need to include: Make sure someone close to you, like a spouse or child, that you trust knows where this information is located. Your important documents, also known as your Estate Information packet, need to be in a safe location that won’t be easily stolen or damaged by fire or water. ![]() ![]() Put All Important Documents in One Location Whether it is for your spouse or children, any money you save is money that can help them pay for bills, a home, college, weddings, and so much more on the event of your passing. If life insurance is out of reach for whatever reason, be sure to set aside savings for your loved ones. Try for at least ten times your annual income if possible. Not sure how much life insurance you need? Life insurance makes certain that your spouse or children are not left in dire financial straits should you pass. Would you like help understanding what your estate plan needs? Contact us for a free consultation or use our online app to determine which elements your estate plan needs. These are difficult subjects that we often avoid discussing, but an estate plan is important so your wishes are respected and the burden made easier for your friends and family. A smart estate plan can also cover guardianship of children or pets, mental incompetence, and your wishes on funeral arrangements, burial or cremation, etc. Whether you have a large estate or feel your assets are small enough to be managed by your loved ones, an estate plan is vital to getting your affairs in order before passing.Ī properly drafted estate plan, whether you opt for a will or a living trust, includes provisions of how and to whom you want your assets distributed. Getting your affairs in order can help.īelow is a checklist of what you need to do to make sure your affairs are in order: #1. If you should pass unexpectedly, you don’t want to leave your loved ones with a financial burden while they are grieving. Death is a reality for us all, and although we hate to think about it, it is necessary to provide for our loved ones’ futures.
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