Many of you may already have a will and we commend you for that. If so, here are some helpful estate planning tips.
If you do not have a will yet, it’s okay. Since you’re reading this it means there’s still time. Scroll on for some resources to create a will.
Estate Planning
Making a will is an important and critical step in the estate planning process. Here are a few other things to consider as you design your estate plan:
- Look into a financial power of attorney
- Create a health care directive and living will
- Make a list of accounts and passwords
- Make a list of investments
- Document funeral instructions
- Keep your estate documents and lists safe, and tell your family where to find them
- Be transparent about your wishes to avoid stress or surprises
Keep in mind that over time your estate or desires may change, and these documents may need to be updated from time to time to ensure that your final wishes are honored.
Making A Will
When you have a will it ensures that your belongings and property are handled according to your desires, your family has peace of mind, and you can protect your legacy. In short, making a will protects you and the people you care for.
With today’s technology creating a will can be done quickly, easily, and at low cost! Here are a few resources for your consideration:
Paid Resources
- Nolo’s Quicken WillMaker & Trust
- U.S. Legal Wills
- Rocket Lawyer
- Total Legal
- Trust & Will
- LegalZoom
Free Resources
- Fabric
- FreeWill
- Do Your Own Will
- Gentreo
Consider Seeking Professional Advice
When estate planning you should consider the help of a professional, whether it be an estate lawyer or estate tax professional.
For more information you can visit the National Institute on Aging’s article, “Getting Your Affairs in Order.”