Back to Estate Planning Basics
| Step One: Carefully Choose Your Estate Planning Team | Step Two: Gather Information | |||||
| *Attorney *Life Underwriter *Accountant *Trust Officer *Charitable Officer *Financial Planner (choose those needed) | ![]() |
Complete a Factfinder *Names, Ages,
etc. *Assets and Liabilities *Desired Heirs
*Goals and Objectives
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| Step Three: Analyze The Data Pretend a death occurred. What would happen: | ![]() |
Step Four:
Recommendations *Review the choices and suggestions or your estate |
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| *To Your Estate? *To Your Business? *To Your Family? | planning team members | ||||
| Step Five: Decide and Implement | ![]() |
Step Six: Periodic review | |||
| *Choose Correct Plans *Signs Wills and Trusts *Purchase Necessary Insurance *Change Investments as Necessary | *Don't put your plan in a dresser drawer and never look at it again. Consider reviewing the plan each year. | ||||