With an estate plan in place, you'd think the work would be over. But preparing your executor is the final nail in the estate-planning coffin.
Use this checklist to make sure that your executor is on board with your plans.ChecklistI have a legally valid will.I have reviewed my will with my executor and answered questions and explained rationales.My executor knows where the will is kept and has access.My executor is granted full leeway in hiring professionals to help in carrying out my wishes and that is reflected in my will.All of my records in regard to finances, property and investments are up to date and well organized, and the executor of my estate has access to them.I gave the executor the names and phone numbers of my Certified Public Accountant, banker, lawyer and any other financial advisers.The executor knows how I want to be buried and has it in writing.The executor is aware of my wishes regarding organ donation and the organizations to which I would like them donated.View worksheet archive
Use this checklist to make sure that your executor is on board with your plans.
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Remember the wise decision that Bank of America made in August 2001 in light of the decision it's making now.
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