My Estate Planner is a practical guide designed to help individuals organize and document essential information related to their estate. This workbook typically provides structured sections and prompts for people to outline their personal, financial, and healthcare preferences, ensuring that their wishes are clear and legally enforceable after their death or if they become incapacitated.
Key components usually include:
1. **Asset Inventory** – A list of financial assets (bank accounts, investments), real estate properties, valuable personal property, and any business interests.
3. **Beneficiaries** – Instructions on who will inherit what, including specific gifts and asset divisions.
4. **Executor/Trustee Designation** – Selection of an executor (for a will) or trustee (for a trust), who will be responsible for ensuring that your wishes are carried out.
5. **Guardianship** – Instructions for naming guardians for minor children or dependents.
6. **Healthcare Directives** – Living wills, health care power of attorney, and preferences for medical treatments if you're unable to communicate.
7. **Financial Power of Attorney** – Naming someone to make financial decisions on your behalf if you become incapacitated.
An estate planning workbook aims to simplify the process, provide clarity for loved ones, and reduce confusion or legal disputes after the person's passing.
