3. Find a trusted executor for your estate When it comes tochoosing an executoror manager of your estate, it's important to pick someone you trust. This individual will be responsible for ensuring the stipulations in your will are carried out according to your wishes. Look for people close ...
Full names and current addresses for any co-executors named in the Will. Full names, relationship to the deceased, telephone numbers and current addresses for all beneficiaries and legatees under the Will. Birth certificates for all beneficiaries under the age of 18. Details of any gifts worth ...
estate plan didn't plan on was Alzheimer's. And my dad kept his estate plan mostly to himself. Your checklist uncovered so many things that my mom was able to work with their advisors to prepare my sister and I as co-executors and trustees. Your process of having meetings with advisors...
joint account holder(s) on your death on request without making any further inquiries as to any claims by any other party, including your heirs, executors, estate trustees, administrators, assigns of the decedent account holder or any other third party and without any recognition of such claims...
irrevocable trust is one in which the grantor gives up all control--so he's not taxed on any of that income any more, and when he dies, these assets are NOT counted as part of the estate for estate taxes, unless it’s property transferred into the trust within 3 years of his death...