An Estate Planning Questionnaire - A Guide for Families

An Estate Planning Questionnaire – A Guide for Families

An estate planning questionnaire sounds like a tedious and difficult document-but it needn’t be. It can function as a guide for families through what’s typically an overwhelming process. Planning is the best approach to result in the estate-planning process as smooth as you possibly can.

You may wish to begin submitting this type of questionnaire ahead of utilizing an attorney-and after that your lawyer will help you with the finer points. Following is a help guide the sort of information you’ll need to gain access to or bring together with you once you speak to your attorney.

Personal Information. Many of this private information is straightforward and doesn’t require much digging or research.

Social security number Military service & serial number Divorce or past marriages Names, birthdates, addresses and marital status of children and grandchildren Prenuptial agreements Special needs Prepaid cemetery plots or funeral expenses

Financial Information. Spend some time gathering account numbers, statements, and key information about the next bits of your finances.

Home/mortgage deeds Stocks, bonds and mutual funds Bank accounts and CDs 401Ks, IRAs and pension plans Business interests Personal property Life insurance and annuities Loans and debts owed

Management Decisions. Consider beforehand who you need to execute the details of your estate and definitely will.

The executor and trustee Beneficiaries and alternates Special gifts Guardian for children

Medical Care. In the event, you get ill and cannot make decisions yourself, look at the decisions you’ll want to be completed. Be ready to discuss the next items.

Current health conditions Health insurance

As you navigate each of the options, conversations, and decisions of pre-need planning, make sure you use common sense and steer clear of scams, that are unfortunately too prevalent. And on the greater compassionate side in the equation, make sure to care for you and …

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