Estate Planning Check List

🔍 Don't MISS a CRUCIAL step in your family planning! LEGAL and ESTATE PLANNING is the KEY to securing your family's LEGACY! 💫🏡

🌟 Say goodbye to uncertainty— take action today to secure the PEACE of mind that comes with PROPER planning! Don't let your family get into crisis mode! 🎁💡
Here is a quick checklist of things to consider before your family needs additional support during the aging process.

If you have any questions give us a call at ‭(405) 438-3157‬ and we are happy to provide referrals to our good friends at The Bethany Law Center or Evan’s and Davis.

Wills and Trusts:

• Ensure they have an updated will or trust that clearly outlines their wishes regarding assets, properties, and beneficiaries.

1. Power of Attorney (POA):

   • Discuss designating a trusted person as a durable power of attorney for healthcare and finances.

2. Healthcare Directives:

   • Discuss and document healthcare directives outlining their medical preferences in case they're unable to make decisions.

3. Financial Planning:

   • Review their financial situation, including savings, investments, debts, and retirement accounts.

4. Insurance Coverage:

   • Check their health insurance, long-term care insurance, and any other policies to ensure adequate coverage for assisted living expenses.

5. Property and Asset Distribution:

   • Discuss how properties and assets will be managed or distributed if they move into assisted living.

6. Digital Assets and Accounts:

   • Compile a list of digital accounts, passwords, and instructions on managing these in case of incapacity.

7. Funeral and End-of-Life Preferences:

   • Understand their preferences for funeral arrangements, burial or cremation, and any specific wishes they have.

8. Review Legal Documents:

   • Gather and review important legal documents, such as property deeds, titles, and marriage certificates.

9. Discuss Care Preferences:

   • Understand their preferences for care in assisted living, including any specific needs or preferences they have.

10. Family Discussions:

    • Encourage discussions among family members to ensure everyone understands and respects their wishes.

11. Professional Consultation:

    • Consider consulting a legal or financial professional specializing in elder law or estate planning for guidance.

Initiating these conversations might be challenging, but it's vital for everyone's peace of mind and to ensure their wishes are understood and honored.