To ease lack of capacity and or post-mortem financial issues, you need to secure documents and prepare instructions before you become disabled or pass away. Here is a list to review annually at tax preparation time to ensure orderly financial transactions after disability or death.
- Financial Power of attorney
- Durable Health Care Power of Attorney
- Living Will
- Do not resuscitate orders
- Letter of final burial instructions
- Will with instructions on distribution of tangible personal property
- Trust documents
- Marriage License
- Divorce Papers
- Personal and Family medical history
- House and cemetery deeds
- Escrow mortgage account information
- Loans to others and debts owed to others
- Vehicle titles
- Stock certificates, savings bonds and brokerage accounts
- Partnership and closely held corporate operating agreements
- Tax Returns
- Life insurance policies with declaration sheet and outstanding loan information
- Individual retirement accounts
- 401(k) account information
- Pension documents including any survivor benefits
- Annuity contracts
- List of bank accounts
- List of all user names and passwords
- List of safe-deposit boxes
To learn more about Estate Planning & Trusts in Ohio, contact Elder Law Attorneys Browning & Meyer Co. LPA today.