Updating Organizer Briefly describe the estate planning issues you wish to discuss at our updating planning conference: Back-up Decision Makers On Money Matters [Executors, Trustees or Agents to Financial Powers of Attorney] ____________________________________________________________ ____________________________________________________________ Back-up Decision Makers On Healthcare Matters [Health Care Agents] ____________________________________________________________ ____________________________________________________________ Guardians [if minor children] ___________________________________________________________ ___________________________________________________________ "Life-prolonging procedures" if in permanent vegetative state, or terminal illness [living will, avoiding "Terri Schiavo" situation] ____________________________________________________________ ____________________________________________________________ Who Gets What When I/We Both Die [Name of Beneficiaries & Amount Passing to Beneficiaries at Death] ____________________________________________________________ ____________________________________________________________ Upcoming new Tax Law AND If You Bypass/Family Trust Works [many pre-2001 bypass trusts will be over-funded] ____________________________________________________________ ___________________________________________________________ Asset Protection Planning For Ill Family Members Facing Nursing Home Expenses ____________________________________________________________ ____________________________________________________________ Completing Funding Living Trust; unfunded, trigger probate All my assets have been retitled into my trust(s) ___ yes ___ no ___don’t know My wealth has changes appreciably since we signed our trust(s)___ yes ___ no Please bring a copy of any recent bank and brokerage firm monthly statements Update discussion topics include any material changes in your family, wealth, health, retirement—anything that affects your estate planing objectives. Anything else you would like to talk about? Discuss Each Life Change Applicable to your family: Marriage, remarriage or divorce Death of a spouse Change in estate size Death or incapacity of an executor, trustee or guardian Move to another state or country Acquisition of property in another state Birth or adoption of a child or grandchild Serious illness of a family member Change in business interest or retirement Change in insurability for life insurance Marriage or divorce of a beneficiary Change in beneficiary attitudes Financial irresponsibility of a child Changes in tax law December 2010 |