State your wishes for funeral services and final expenses.Designate a guardian for any minor children.Specify how your property is divided among your heirs.If your estate is particularly extensive or complicated, you have a complicated family, or an heir with special needs, you might want to consider some legal assistance to get everything sorted out properly. An executor may be appointed to ensure that the wishes expressed in the Will are carried out.Ī Will communicates to your family and to the courts your exact wishes concerning your property and custody of your children after your death. Beneficiaries, including family members, friends, and charitable organizations, are typically named in the Will to receive portions of your estate. ▢ Documents for making a Last Will and TestamentĪ Last Will and Testament, commonly referred to as a Will, is a legally binding document that provides instructions for the distribution of your assets after death, including money, property, and sentimental items. Legal Guide: Estate Planning for Married CouplesĬovers the benefits of estate planning for married couples. Legal Guide: Estate Planning for IndividualsĬovers the benefits of estate planning for single individuals and single parents. Transfer ownership of property directly to family members. List and assign value to your personal assets. Organize your personal and financial information. Get legal advice online or by phone from a lawyer that specializes in estate planning because everyone’s situation is different. Jumpstart conversations and planning around your wants and needs and those of your loved ones. Document your personal belongings and assets for easy reference.Get organized around the personal and financial information needed to complete your estate planning documents.These estate planning tools will help you: Whether you are just beginning to consider estate planning or are well on your way, these tools can help you create a plan that reflects your values and provides peace of mind for you and your loved ones. We’ll explore some of these tools in this section. Various tools and resources are available to get you started and to make the estate planning process easier.
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