Estate Plan Checkup

Use the following eleven-point checklist to find out if your estate planning is on track. Just answer each question "Yes" or "No."

Does your estate plan:

Include a current Will?

Name a guardian and standby guardian for your minor children?

Name an executor and trustee who are willing and able to carry out your wishes?

Take into consideration any special medical or educational needs certain family members may have?

Include appointment of a health care agent to make medical decisions for you in case of your incapacity?

Take advantage of the benefits of life-time gifts?

Include charitable gifts?

Minimize taxes?

Provide investment assistance for family members who may need help managing their inheritance?

Include appointment of an agent to make financial decisions for you in case of your disability?

Provide for a smooth and tax-advantageous transfer of your business interests at your retirement or death or if you become disabled?

Every "No" answer may indicate a gap in your estate plan.

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