Estate planning is a necessity too often overlooked. Knowing that your affairs are in order provides peace of mind for you and your family the whole year round.
A checklist to help you get your estate planning started.
Get Organized – Inventory all items of your financial life.
Visit your financial/wealth planner.
(Retirement, Estate, College, Tax planning)
Create/Update Estate Plan.
(Will, Trust, Durable Power of Attorney, Healthcare Directive, HIPPA Form)
Update beneficiary forms.
(IRA, 401(k), Insurance, Retirement & Savings accounts)
Evaluate your Insurance coverage.
(Life, Long Term Care, Short & Long term Disability, Umbrella Insurance)
Protect Your Business – Business Succession Planning
Meet with your Investment Advisor - Create an investment plan, stick with it and rebalance your portfolio.
Simplify your life – Consider consolidating previous employer 401(k) plans and retirement accounts.
Communicate your plans – Make sure all the right people have copies. Store a copy of the documents for yourself in a safe place.
Need Help? Contact First Bank Wealth Management.
First Bank Wealth Management
For more information or to schedule a meeting with one of our Wealth Advisors call 1-800-452-1414, Monday – Friday 9:00 a.m. – 4:30 p.m.
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