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Well-Organized Personal Documents Will Make Your Heir’s Lives Easier


Well-Organized Personal Documents Will Make Your Heir’s Lives Easier

Imagine yourself digging through decades of financial documents, unable to locate recent paper statements and having no idea where the title to your parent’s car is. In my probate and estate planning practice I hear about this all too often. That’s why an article in The Washington Post, “How to organize your home and finances in your estate,” advises that getting organized is just as much a part of estate planning as having wills and other necessary documents prepared.

First, start with your personal effects and personal financial information. You should make sure that your documents and files are in good order. This includes items like credit card statements, bank statements and auto titles. Everything that you’d need to know should be in one place and labeled neatly. This makes it easy to find everything required to settle your affairs after you pass away.

Next, sort through your personal effects and be sure you know what you have and what you need. If you don’t, it will be no easy feat for your children to take care of your estate and clean things out of your home. This can be a great help to your family later on. As you decide what you should keep and what should go, you’ll also be making your home less cluttered and easier to live in!

The next step is to make sure that what you own is passed down according to your wishes. If you have an estate that includes a home, bank accounts, retirement accounts and a car, make sure to designate a beneficiary on any retirement account, life insurance policy or annuity. Those types of accounts will then pass automatically to the designated beneficiary upon your death solely with the presentation of your death certificate.

You can place your home and other personal effects into a living trust that allows for the transfer of ownership of those items automatically upon your death to the person designated in the trust.

You can also have an estate planning attorney draft a will that states who you want to get your home and personal effects upon your death.

An experienced estate planning attorney will be able to help you determine whether or not you need to incorporate trusts into your estate plan, or if a will is more suitable. Whether your estate is complex or simple, a well-planned estate includes both the legal documents necessary to achieve your wishes and to properly distribute your assets and well-organized documents that will help your heirs as they work to settle your estate.

Do you live in Miami-Dade, Broward, or Palm Beach counties in Florida? Laws are constantly changing-- has your estate plan been reviewed in the last 2-3 years? Call me (954-888-1747) right away for peace of mind. I can help!

  • My practice is exclusively estate planning and probate,
  • I have prepared numerous estate plans in 16 years of practice,
  • I have administered estates and trusts through Probate all over Florida,
  • I am a Certified Financial Planner Professional™, and
  • I am here for YOU today and there for your FAMILY tomorrow.

Reference: The Washington Post (November 14, 2016) “How to organize your home and finances in your estate”

Why would we recommend D.T.F.? Several Reasons: Your ability to explain complex estate problems, clearly and patiently; your total lack of arrogance and pretense; a strong feeling that you are motivated by what you perceive is best for your client, rather than what would generate the largest legal fees; finally, and importantly, you are a lovely guy. A.C.

Two words cannot sum up the entire process of creating my “trust.” I enjoyed your attention to detail, your patience of explaining terms and conditions until I understood, also giving me copies to read and understand. Thank you for your suggestions on what was best for “me” but still allowing me to make my choice. Most of all, thank you for thinking of “me.” Wells Fargo said “you were the best” I cannot deny that. Again thank you very much for everything. Anna is an asset or a compliment to the firm. She is warm and very caring. It was great doing business. Thank you.