#Estate planning checklist 2022 how to

Like the health care surrogate, a financial surrogate will execute the principal’s wishes while they are disabled or lack the capacity to express themselves. All individuals are encouraged to consult an attorney before executing the documents available below.

Make a List of Personal Property and Other Assetsįlorida residents should follow this checklist to inform themselves on how they can prepare their estate for death, and to protect their health and financial interests should they become incapacitated and unable to communicate.

#Estate planning checklist 2022 how to

How to Create an Estate Plan in Florida (6 steps) To dictate how one’s assets will be administered, the principal can create an estate distribution document such as a Last Will and Testament or a Living Trust (Revocable). Selecting these surrogates can be achieved by completing a Durable Power of Attorney for Health Care and a Durable (Financial) Power of Attorney Form.

The owner of the estate, referred to in this checklist as the “principal,” can appoint surrogates to handle their affairs and make decisions on their behalf should they become incapacitated. A Florida estate planning checklist is a guide providing helpful information for those wishing to ensure the security of their well-being and prepare their assets for distribution after death.