#Estate planning checklist pdf how to#

Choosing to exclude certain documents, or include documents not covered below, is up to the principal.Ī financial agent, or attorney-in-fact, is in charge of a principal’s finances (accounts, investments, real estate, personal property, taxes, etc.). Each legal instrument contained herein serves a different purpose and therefore won’t be appropriate for each individual.

While the following instructions may prove useful during an estate planning process, it is highly recommended that an attorney be employed to provide counsel where necessary.

#Estate planning checklist pdf how to#

How to Create an Estate Plan in Nevada (6 steps) For a person’s own peace of mind, creating a Medical Power of Attorney and a Financial Power of Attorney will mean that important decision-making will be left to a trustworthy representative in the event of disability, incapacitation, or death. These documents will convey a person’s final wishes in regard to the distribution of their estate.

In order for a person’s family to have some security, they should draft a Last Will and Testament and/or a Living Trust. No one expects to die tomorrow, nor does one expect to become incapacitated and unable to make decisions for themselves. A Nevada estate planning checklist is a guide for individuals who are attempting to organize their estate and the future of their family.