Estate planning checklist update#

Any estate plan should be reviewed by an attorney who specializes in estate planning and is licensed to practice law in your state. Be sure to consult with your own tax and legal advisors before taking any action that may have tax or legal consequences. Decide if each one is suitable for you or not, if you plan to do it, or if you need to look into it more. A living trust is a trust that is created during your lifetime.

Estate planning checklist update#

Wells Fargo Advisors and its affiliates do not provide tax or legal advice. Estate Planning Make or update your estate plan. While we can't create your actual estate plan, we can help by working with you and your team of advisors to get the information you need to develop a comprehensive plan. Getting You the Financial Information You Need to Plan Your Estate Ten things you should know about beneficiary designations.Information about the five most important estate planning documents.When you complete the form, the three guides you receive will include: Complete the form to receive an estate planning checklist as well as two other guides. When it comes to planning your estate, having a checklist and important documents in hand is a key part of the process. Get an Estate Planning Checklist and More Every year can bring something new to protect and care for, so having a plan can create ways to take the success you’ve already had and extend it to your family, benefiting them not just years from now - but right now. But it doesn’t have to be complex, and it doesn’t have to wait.

It’s easy to defer estate planning because it can either feel intimidating or simply not that urgent.