The end of the year is a great time to get organized, so you can start out the new year right. Here is a handy checklist to help you get a handle on those important financial and legal documents. Take a moment to find the items below and organize them in one place, perhaps a file cabinet or computer folder. And if you have already created a file, now is a perfect time to make sure everything is up to date. It is the right thing to do for yourself, and for your heirs.
Key Starting Points
ð 1. Your Financial Plan
ð 2. Contact list of advisors (Financial Planner, Attorney, CPA, Insurance Agent)
ð 3. Password List
Assets and Liabilities
ð 4. Bank Accounts
ð 5. Investment Accounts
ð 6. Vehicle Titles
ð 7. Outstanding Loans and Credit Cards
Tax Records
ð 8. Income Tax Returns
Insurance Records:
ð 9. Homeowner’s Insurance
ð 10. Auto Insurance
ð 11. Umbrella Insurance: Not everyone has this, but may be something to consider.
ð 12. Life Insurance
Real Estate Records
ð 13. Real Estate Deeds
ð 14. Property Tax Records
ð 14. Mortgage Records
Estate Planning Documents (If you don’t have any, put it on the to-do list for next year)
ð 15. Will
ð 16. Letter to your family
ð 17. Durable Power-Of-Attorney
ð 18. Durable Health-care Power-of-Attorney
ð 19. Authorization To Release Protected Healthcare Information
ð 20. Advanced Healthcare Directive
ð 21. Do-Not-Resuscitate Order
ð 22. Trust Documents
Medical and Legal Records
ð 23. Medical History
ð 24. Marriage License and Divorce Documents
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