Remember to list the names of the respective banks and companies along with your detailed account information. If you own any stocks, CDs or savings bonds, include those here. These include all bank accounts, both personal and business. Experts also suggest including any physical item greater than $100 in value, like laptops and other electronic devices. To start, include your house, any other property you own, vehicles and any expensive art or artifacts. Prepare a detailed list of all the physical items that you own that can be deemed as assets. Here’s a list of steps you can take to cover all your bases: While estate planning might seem like a morbid task, having your estate in order means saving your loved ones stress and heartache in the future. Estate planning is about much more than simply dividing up your finances it also allows you to ensure that you receive the medical care you want, that your children are properly cared for if you die unexpectedly and that you’re given the memorial you want. With help from legal and financial professionals, you can distribute your assets in a way that minimizes the tax obligations your heirs will face. A clear will and a good estate plan will help your loved ones avoid arguments, disputes and messy legal battles about the fair distribution of your assets. ![]() By developing a comprehensive estate plan, you can guarantee that your assets go to the right people.
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