WebJun 10, 2024 · 1. Create an Inventory of What You Own. The first step in estate planning is creating an inventory of everything you own. As mentioned above, you don’t need to have a lot to create an estate. Make an inventory of whatever you own, and it might surprise you how much wealth you have. WebSet up a will or other legal document that records how you’d like your assets to be distributed when you die. If you already have such a document in place, take another look at it to see if it includes your wishes about your land. If it doesn’t suit those needs, make sure to change it so that it reflects your vision for your family forest.

Estate Planning And The Steps That You Should Take

WebAug 10, 2015 · In fact, his “First Step Planning” online service introduced in 2012 streamlined the estate planning process so much that Hargrove … WebThe first step in creating an Estate Plan is to inventory your various properties and assets with your spouse. This includes taking stock of any bank accounts, retirement funds, investments, real estate, and personal belongings. In doing so, you can gain a better understanding of what you need to plan for and distribute. east york gas buddy

How to Become an Estate Planner Academic Invest

WebSet up a will or other legal document that records how you’d like your assets to be distributed when you die. If you already have such a document in place, take another … WebStep 1: Set Your Estate Planning Goals When most individuals think about Estate Planning in Michigan, writing a Last Will and Testament or Living Trust usually comes to mind. However, Michigan Estate Planning is more than just drafting a document and requires careful consideration. WebNov 25, 2024 · STEP ONE: Estate Plan Questionnaire A great place for you to start is by filling out my free estate plan questionnaire. It’s completely free, with no obligation. You can print off my estate plan questionnaire … east york hospital coxwell