Key Documents for Avoiding Estate Planning Mistakes

October 31, 2016

There are always a handful of documents you should include in your estate plan to accomplish the most effective goals for you. This is true whether you have a complicated estate with a lot of assets or whether you need some simple tools to accomplish your basic goals. Remember that estate planning is about more than figuring what will happen to your property after you pass away. You also need a clear plan to protect yourself while you’re still alive, including documents that enable others to make decisions on your behalf if something happens to you. 

Some of the most important documents you should have in your arsenal include:

  • Durable power of attorney
  • Basic will
  • Advanced medical directives
  • Letter of instruction
  • Living trust

Before you start looking online for a template, however, be aware that these generic forms often fail to capture the unique aspects of your life and may not even be legally valid for your state. Finding a lawyer and scheduling an initial consultation is strongly recommended in the event that you need insight from an experienced attorney. This gives you more peace of mind that your documents are accurate and in line with your life and needs.


Practice Areas:



Schedule your free Exploratory phone call

Click here to see how we
can be of assistance.

Payment Portal
for Tax and Accounting invoice

This link offers a secure, quick way to complete your payment with Omni360 Advisors LLC.

Our Social Media

Connect with us on Social Media using the following buttons:

Visit our Podcasts

Listen in, Join the Conversation!

Recent Posts

The 5 Financial Decisions You Should Review Every Year—Even When Nothing Has Changed

An annual financial review can help keep your tax strategy, investments, insurance, estate plan, beneficiaries, and retirement goals aligned with your life and priorities. Financial ...

<p>The post The 5 Financial Decisions You Should Review Every Year—Even When Nothing Has Changed first appeared on Integrated Tax Planning, Legal Planning & Financial Planning.</p>

Should You Gift Money to Your Children Now or Leave It to Them Later?

Should you give money to your children during your lifetime or leave it as an inheritance? Explore the family, tax, control, and legacy considerations that can help guide the decision. For many successful families, estate planning eventually raises ...

<p>The post Should You Gift Money to Your Children Now or Leave It to Them Later? first appeared on Integrated Tax Planning, Legal Planning & Financial Planning.</p>

What Happens to Your Financial Life When You Retire? A 12-Month Checklist

Retirement changes more than your work schedule. Use this 12-month retirement checklist to review Medicare, Social Security, cash flow, portfolio withdrawals, taxes, estate documents, and employer benefits. Retirement is often described as a milestone, but financially, it ...

<p>The post What Happens to Your Financial Life When You Retire? A 12-Month Checklist first appeared on Integrated Tax Planning, Legal Planning & Financial Planning.</p>