Estate planning checklist4/22/2024 You might not need every estate planning document right away. Whatever your stage of life, and whatever the value of your estate, this checklist provides a path to follow for creating and maintaining your estate plan. Only 46% of people over the age of 55 have an estate planning document.Only 27% of people ages 35-54 have an estate planning document.Only 26% of people ages 18-34 have an estate planning document.The importance of estate planning, is clear, but many people put it off either due to lack of motivation or because they don’t think they have enough assets to leave to anyone. And by “estate,” we mean your assets-such as your home, your investments and anything else of value-plus any other important responsibilities you have, such as children or a guardianship. Put simply, an estate plan sets out your wishes as to how you would like your estate to be handled after you die or if you became incapacitated. The phrase “estate plan” may sound grand, but it’s a very practical set of documents that everyone should have. Business savings and money market accounts. Find a financial advisor or wealth specialist.Bank Altitude® Reserve Visa Infinite® Card Bank Shopper Cash Rewards® Visa Signature® Card Bank Altitude® Connect Visa Signature® Card
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