Develop an Estate Planning Checklist

A lot of people think that estate planning is a simple matter that doesn’t require much thought. You get out a pen and paper and draw up a last will on your own at some point, or you download a boilerplate form off the Internet. You take a few minutes, and you are good to go. This perspective is risky at best and downright irresponsible at worst. When you are planning your estate, you are arranging for the transfer of everything that have to the people that you love the most. This is a profound endeavor, and it should be taken seriously. In this post, we will provide a bit of a checklist that you can use as a general guide so you understand all of the components that should be considered when you are devising a plan. Inventory Your Assets One step in the process will be an inventory of your assets. This may seem like an overstatement of the obvious, but there is more to it than meets the eye. Your surface ideas may be washed away in a hurry if you really start…