Be Good To Your Money Bulletin http://ezezine.com
ON SALE NOW! BE GOOD TO GOD'S MONEY FOR $9.60 AT www.Amazon.com
I hope you didn't miss my March 25th radio broadcast on WYLD/FM 98, on
estate planning. If so, you can still get in on this valuable
information by going to www.wyldfm.com , click "DJ", then "Sunday
Journal".
After the show, I received many emails and phone calls. It was really
encouraging to see so many listeners interested in securing the future
of their love ones.
As promised, here is the checklist you should go over before consulting
with an estate planning attorney or financial planner.
IS YOUR ESTATE IN ORDER?
Start by reviewing estate assets and debts
Decide where you want assets to go
Start work with financial planner and attorney
Draft or update will
Choose qualified executor for will
Choose guardians for children (consult with the individual(s) first)
Secure a durable power of attorney
Draft a living will
Obtain medical power of attorney
Consider creating one or more trusts
Review ownership of assets
Review insurance for protection of estate assets
Consider annual gifting to avoid huge inheritance taxes
Consider paying heirs’ tuition or medical bills
Determine whether to sell or pass on family business
Plan for succession of business
Discuss estate plan with heirs, and revise if appropriate***
Write letter of instruction
Keep organized financial records
Review estate plan annually
Coordinate estate plan with qualified estate planning attorney and/or
financial planner
***Or record the information in the workbook, I suggested on the
air--IF SOMETHING HAPPENS TO ME.
A copy of the workbook can be purchased on Amazon.com. It is worth
more than 10 times the cost!
Remember, if you have any questions, please feel free to email me at
begoodtoyourmoney@juno.com or call (toll-free) 866-750-0188
www.LisaFrye.com
L L Q Publishing Company
631 N. Stephanie Street
Suite 311
Henderson, NV 89014
(866) 750-0188