Married Couples
(questions to consider)
Single Person
(questions to consider)
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Married Couple Worksheet (PDF)
Estate Planning Worksheet (3 pages) in PDF form
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Questions to Consider
- Do your children, grandchildren, or others you feel responsible for have any problems or special needs which should be considered in designing your estate plan?
- Do you have the responsibility for supporting anyone other than your spouse and children?
- Do you wish to make any gifts or contributions of property or money to any friends, relatives, or charities?
- If you, your spouse and all of your descendants (children, grandchildren, etc.) were killed in a plane crash, whom would you want to have your property?
- Do you want to designate a guardian of the person for your children under 18 in case the other parent does not survive? (Think about a successor to the original guardian also.) Remember that a guardian primarily makes personal (rather than financial) decisions.
- If you wanted an individual to serve as Executor or Trustee (with or without a Bank as Co-Executor or Co-Trustee), whom would you name? (Think about a successor also.)
- Powers of attorney are often used to authorize someone to act for you under certain conditions, especially legal incapacitation. We will recommend that you consider executing such powers. Whom would you like to name as your agent (and successor agent) under such a power? Powers of attorney are revoked by death. We can condition the effectiveness of the powers on a physician's certifying the principal's inability to manage his or her own affairs.
- Are you the beneficiary of any estate or trust assets that have not been distributed to you? (If yes, please bring the governing documents.)
- Do you own any property jointly with any other person? (If so, is the ownership a joint tenancy with right of survivorship?)
- Do you have any significant contingent liabilities?
- Do you expect to inherit any substantial property in the near future which should be considered in planning your estate?
- Do you have any assets that require special consideration in your will?
- Are both spouses U.S. citizens?
- It may be helpful for you to bring your present wills (if any) and also insurance policies, deeds, trust agreements, buy-sell agreements, or other documents or contracts affecting your estate to the planning session. It would also be helpful for you to show on a separate sheet the names, ages, addresses, and occupations of your parents, sisters, and brothers.
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