If something were to happen to you or your significant other right now, do you know what your first course of action would be?

Would your family be able to instantaneously access your important information, documents, and instructions to step in and handle affairs immediately? *

With all of the interaction we have every day (driving, exercise, etc.), if you were to become incapacitated from a medical condition or accident, do you have standing instructions or provisions for medical tests to determine your level of incapacitation so that someone could handle your immediate affairs? *

Even the simplest estates can have tax implications, thus lessening the amount that your beneficiaries receive. Do you confidently know if your current estate plan has alleviated all potential tax implications for the transfer of your estate (such as your home, life insurance and retirement accounts)? *

While basic guardianship documents may suffice for those who will take care of your children, do you have the utmost confidence that your alternate successor/trustees are informed on how to execute guardianship and care for the children? *

Most people will spend some time of their lives with assisted care. Are you confident your assets will not be subject to government seizure so that your family members will not lose their inheritance? *

Estate planning can be a sensitive subject. Have you ever had a family meeting with everyone involved in your estate plan (beneficiaries, executors) to understand their roles? *

The court who proceeds over estates is called Probate Court. The process can be exhausting, time consuming and arduous for your loved ones. Even the smallest unassigned assets may have to be reviewed before distribution. Are you 100% confident that you will not have to subject any portion of your estate to a probate court to decide who gets your assets? *

Various trusts are an excellent protection for assets, however, items such as financial accounts and property must be funded or titled in the trust. Are you completely certain that your assets are properly titled, including assets that are owned jointly with rights of survivorship? *

Families are more likely to have disputes over hard-to-divide assets. Do your legal documents specify how you would like to transfer hard-to-divide assets such as homes, cars and other tangible assets? *

One of the worst mistakes in estate planning is not properly designating beneficiaries to your assets. Are you fully confident your beneficiary designations are in place and up-to-date, including recent purchases, changes in your life or updated legal documents? *

Money can bring out the worst in people. It is not uncommon for an outside person to challenge the transfer of an estate and lay claim to assets. Have you addressed all potential outside influences or challenges within your estate plan? *

It is difficult for some people to manage large sums of money and children may need distributions periodically to cover living needs. Picture your beneficiaries with large sums of money. Have you set up controls for the distributions of your funds? *

Laws change from time to time. Language in legal documents can become outdated and may need updating. Changes in the law can have positive or negative effects on your estate plan. When was the last time you reviewed your legal documents to see if any legal or life changes will benefit your estate plan? *

Digital assets such as points from credit cards, airline miles and personal devices are becoming more popular. Sharing passwords is illegal in some cases and could cause an issue in the transfer of these assets. Would your family be able to capitalize on your rewards or access your digital assets? *

A lot of people have pets, such as cats, dogs, birds, fish, etc. Have you properly planned for their care upon passing or incapacitation, including a conversation with those who may care for them? *

Some of us care or will care for our elderly parents. Have you properly planned for their care upon passing or incapacitation, including a conversation with those who may care for them? *

Creditors/others can file lawsuits and obtain judgments against your assets, including your home, cars or other tangible items. Are your assets protected from all creditors or claims? *

Businesses come in all shapes and sizes. Even hobbies can have transferrable value. People find value in the intellectual property you have created. Have you established well-documented succession plans so that your family can realize the full value of your hard work? *

Leaving a legacy means sharing moments in your life that have meaning. Are your photos, videos, and messages subject to getting wet, burned or destroyed over time which would make them inaccessible? *

Liquidity: How Easily Can You Access Your Money?

Safety of Principal: How Safe Is Your Money? *

Rate of Return: Does Your Investment Keep Up With Inflation? *

Tax-Advantaged (On the Seed vs On the Harvest) *

Business Owners / Investors *

Abundant Thinking (vs a Scarcity Mindset) *

The Trifecta (vs One Life Dimension) *

Responsibility & Accountability *

Equal opportunity *

Values and Vision Family Creed / Ethical Will *

Done!

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