How to Create an Estate PlanMay 28, 2021
An estate plan is an important part of organizing your future. Legal forms used in estate planning let you stay in control of your care in the event of incapacitation and establish how your assets will be passed along when you pass on.
Find an estate planning attorney. You will need an experienced attorney to help you put together an estate plan. This can be a complicated matter that requires a great deal of legal paperwork.
Organize your ﬁles and examine your assets. Your attorney will need to see the details of your assets.
Discuss potential issues with your attorney. Do you anticipate a big ﬁght among your children once you're gone? Do you have extensive debts that need to be paid off?
Ensure you have a will. You may also want a living will so your wishes for your medical care are followed if you become incapacitated. Learn more about wills in our articles, "A Simple Will: What to Include" and "Do You Need a Will and How Can You Get One?"
File beneﬁciary forms and make ﬁnal arrangements. You will need to designate beneﬁciaries for your accounts and make ﬁnal arrangements such as funeral plans.
It’s important to put together an estate plan so your estate goes to those you wish and to help those you leave behind make crucial decisions.
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