A recent article in the Wall Street Journal says that there are 25 key documents that you need to leave your family.  The article points out the financial problem of failing to keep documents. There is currently $32.9 BILLION in unclaimed bank accounts and other assets being held by State treasuries.

The article makes a point that you should not keep EVERYTHING. Family members can become overwhelmed by sifting through documents that date back decades, and could eventually give up and miss important papers because the most critical documents are not housed together in a clearly labeled spot.

Please contact us if you would like any of our free planning forms that you can use to list important financial, medical and funeral information, and contact persons, for your family.

The 25 documents that should be easily accessible for your family in case of emergency or death are:

THE ESSENTIALS:

  • Will
  • Letter with funeral instructions
  • Trust documents

BANK ACCOUNTS:

  • List of bank accounts
  • List of usernames and passwords
  • Safe deposit box information

LIFE INSURANACE AND RETIREMENT:

  • Life insurance policies
  • IRA accounts
  • 401(k) accounts
  • Pension documents
  • Annuity contracts

OWNERSHIP:

  • Real estate deeds/documents
  • Cemetery plot information
  • Proof of loans made and amounts owed to you
  • Vehicle titles
  • Stock certificates, bank and brokerage accounts
  • Business, partnership, corporate records
  • Tax returns

HEALTH CARE:

  • Medical history
  • Durable power of attorney
  • Authorization to release health care information
  • Living Will
  • Do-Not-Resuscitate Order

MARRIAGE AND DIVORCE:

  • Marriage license
  • Divorce judgment

Questions? Contact us for a FREE consultation!