Being named as the Executor of the Estate of a deceased loved one comes with many challenges, including dealing with the probate system, and refereeing unhappy family members — but one of the most difficult (and least discussed) challenges is sorting through the plethora of paper and information that people collect over the course of a lifetime.
You can save your Executor — and your family —time and money later by organizing your important documents and finances right now.
We’ve assembled a list of information and documents your Executor might need quick and easy access to if anything were to happen to you.
Instructions and letter to your Trustee:
Contact information for your Estate Planning attorney and Trustees.
Instructions on how to begin the process.
Information about your minor children, nearby guardians or relatives, medical and health insurance information.
Birth and marriage certificates, passports, family, friends and contact people.
Estate Planning Documents:
Trust, Wills, any amendments, personal property memorandum.
Contact information for supervisors, client information if you are a small business owner.
Advanced Health Care Directive, HIPAA, emergency contact information, phone numbers for doctors, health insurance particulars.
Financial Powers of Attorney
Real Estate and Tangible Property:
Deed to your home, mortgage information, homeowners and fire insurance, vehicle records, artwork and antiques.
Bank Accounts and Investments:
Account numbers and locations, contact information.
Monthly Expenses and Bills:
A copy of one monthly statement for each.
Information about recent Taxes
Retirement Accounts/Government Benefits:
Account numbers, beneficiary information.
Account numbers, beneficiary information
Memorial and Burial/Cremation:
Preferences, pre-paid arrangements, phone numbers.
Once you are organized, keep your information in an accessible place and make your Executor aware of the location.
This simple act of organization will not only benefit you right now but will save your family and your Executor much time, money and frustration later on.