Four Steps to a Good Estate Plan | Iowa United Methodist Foundation

October 18, 2019
1. Write down what is important

The first step in the estate planning process is to gather information about yourself, your loved ones and the property that you own.

2. Speak with an attorney

Talk to a knowledgeable estate planning attorney who can prepare the necessary legal documents, such as a will, trust, or medical directive.

3. Understand your plan

A good plan will promptly transfer your property to beneficiaries you select. Property can be transferred by a will or trust, a deed or beneficiary designation. You should review your plan with your attorney so that you understand it and are confident it reflects your priorities.

4. Sign you documents

Your plan is not effective until you sign your estate documents. Some states require that you sign your documents in the presence of one or more witnesses or notary. Your attorney understand these requirements and can help you with this part of the process.

Check out our planned giving website where you can find several FREE resources to be utilized when creating an estate plan.

Information from 2019 Crescendo Interactive, Inc.