Questions to Ask Your Parents

Sometimes it’s hard for family members to get the conversation started regarding estate planning, so try these questions as an aid to this important discussion:

  1. Do you have a Will?
  2. Do you have a Health Care Directive? 
  3. Do you have a Power of Attorney?
  4. What plans have you made for your long-term care?
  5. Do you have a Trust?  Have you placed most of your assets in your Trust?
  6. How old are your estate plan documents?
  7. Who knows where your estate plan documents are located?
  8. When is the last time that you reviewed the beneficiary designations that you made on your insurance policies and retirement plans?
  9. Have you made a list of all of your bank accounts, investment accounts, life insurance policies, long-term care insurance policies and retirement plans? Have you made a list of all of your user names and passwords?
  10. Do you have any concerns about your financial assets?
  11. Have you made a list of family keepsakes that you’d like each of your family members or friends to have after you’re gone?
  12. Have you taken time to write down the family history and family stories that you’d like to share with generations yet unborn?

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Disclaimer: This Blog is for informational purposes only and is not to be construed as legal advice. If you have questions, please seek the advice of an attorney licensed to practice law in the state where you live. Wittenburg Law does not expressly or implicitly warrant the accuracy or reliability of any of the Blog’s contents. An attorney-client relationship is not formed by reading this Blog. If you are interested in Wittenburg Law’s representation of you, you must contact Wittenburg Law for a determination of whether your matter is one for which Wittenburg Law is willing and able to accept representation of you.

Bonnie Wittenburg, Wittenburg Law Office, PLLC, 601 Carlson Parkway, Suite 1050Minnetonka, MN 55305         952-649-9771