There are a few key things to keep in mind when estate planning:
Inventory your assets and property. This includes everything from real estate and savings accounts to jewelry and art. Please make a list of everything you own and its estimated value.
Determine who will inherit your property. This includes not only family members but also close friends or charities. You can designate specific items to particular individuals or create a general plan for distributing your assets.
Put your estate plan in writing. This ensures that there is no confusion about your wishes after you die. You can either create a will or set up a trust. Once your estate plan is in place, make sure to keep it up to date as your life circumstances change.
Preparing to create an estate plan can seem daunting, but ensuring that your wishes are carried out after you die is crucial. By taking the time to inventory your assets and
Published: Feb 2, 2023
Updated: Sep 26, 2022
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