No matter what the reasons are behind starting their estate plan, we often hear clients say that they want to make things easier on their loved ones and themselves if anything were to happen to them. Completing their estate planning documents is a great first step, but it does not provide all the necessary information to properly handle such difficult situations. Your fiduciaries (like your POA agent, Healthcare agent, & your Executor) are responsible for a variety of important things such as your finances, probating your estate, your health care, and many more things. With all that responsibility comes information they will need to carry out your wishes. This document will list out all of the information your agents and personal representative will need such as:
- The location of the will
- Financial, Retirement, and brokerage accounts.
- Mailing addresses (including email)
- Real Estate/Property
- Items of Value
- Information about businesses owned.
- Debts and bills you owe or are owed to you
- Insurance information (both health and life)
- Known allergies and/or health problems
- A list of primary physicians
By completing this list, you can rest assured that your fiduciaries will have everything they need to keep you and your family safe. Keep in mind that, like your estate plan, you need to check this list from time to time (we recommend doing this on an annual basis) to ensure that all the information is accurate and up to date.
If you haven't started on your estate plan and want to learn more, we offer a variety of free resources, including our free guide to estate planning in Georgia , that can provide you with a high-level overview of estate planning so that you have the information necessary to map out how you would like to start your plan when you are ready. To learn more about our estate planning and probate practices visit us online at www.peachstatewills.com and if you have any questions reach out to us at 678-344-5342 or contact us here.