ESTATE PLANNING PART 3

DOCUMENTS

There are numerous documents that you will need to plan and organize your estate.  Many of these will be used to actually implement your plan in the event of a disability or death. Your proposed person who will be your Power of Attorney and  Executor/Personal Representative/Trustee should have some of these documents or at least the ability to access them quickly.

RECORDS:                                                                        MEDICAL:

Marriage License                                                              Medical History

Divorce Papers                                                                 Durable Health Care Power

House/Land Deeds                                                          Authorization to Release Information

Vehicle Titles                                                                    Living Will

Tax returns                                                                       Do Not Resuscitate Order

Proof of Loans Paid

Cemetery Deeds

 

ACCOUNTS:                                                                    ESTATE DOCUMENTS:

Bank Accounts                                                               Power of Attorney (Durable)

Investment Accounts                                                      Will

Pension Accounts                                                          Trusts

Life Insurance Policies                                                    Letter of Instructions                                                  

IRA Accounts                                                                  Separate writing

Mortgage Loans

Other Loans

Annuity Plans

Business Records and documents

Partnership Records and Documents

Current Debts

Safe deposit box, Location and Keys

Credit Card accounts

 

List of online accounts, such as bank accounts, social media accounts and others;  User names and passwords.

 

Note: Some institutions may not accept a power of attorney or some other documents without additional verification.

Note:  Some medical facilities may not accept certain documents without authorization from family.

 

Although many of these items can be assembled by your self and some document forms can be found online for you to use, it is advisable to confer with an attorney specializing in this area of law.

Also, see earlier post; Estate Planning with Young Children, if applicable