1. Maintain a detailed list with the names and addresses of all of your bank accounts, any financial institutions noting your broker with contact numbers.
2. Have a valid and up to date will and provide the attorney’s name and number. Do not keep your will in a safe deposit box as the bank may not allow access to your loved ones.
3. Have a valid Power of Attorney. You should also have a living will and a health care proxy.
4. Check your beneficiary on all investment account(s). Be sure to consult with your estate planning professional before naming a beneficiary. You may penalize the a loved one or a special needs individual if not set up correctly with a special needs attorney.
5. Choose the guardian for your children. Don't leave it to others.
6. Create a special needs trust for adults or children. Your attorney should advise you how and when this is necessary.
