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Checklist for Retirement Planning

1. A plan helps to determine the most advantageous means of owning family properties.

2. Planning may help minimize estate and income taxes at the time of your death.

3. Planning covers administrative expenses, executor’s commissions, and attorney’s fees.

4. Does your plan may help to provide adequate income to your survivors.

5. Planning preserves the assets you have worked hard to accumulate.

6. Estate plan can help provide funds for debt repayment and educational expenses.

7. Estate plan rovide adequate money to meet known and anticipated settlement expenses.

8. Estate planning coordinates efforts of qualified legal, tax, insurance, and financial professionals.

Most people do not like to plan; particularly when it comes to issues involving what happens after then die. The advantage of having a plan is making sure the right things are taken care of and it will save those left behind a lot of work trying to figure out what you intended to take care of.