Q: I’ve been told I should leave an asset list as part of my estate plan. What are the top 10 items to include on this list?

by | Jul 12, 2023 | Estate Planning, Q&A |

A: A list will ensure that your assets are easily transferred and that your family will know exactly what you own so nothing falls through the cracks. The following is an example of 10 common items that are included on an asset list:

1. Insurance and Life Insurance Policies
2. Bank and Retirement Accounts
3. Deposit Boxes (and keys)
4. Real Estate/Mortgages
5. Valuable Personal Property
6. Vehicles/Boats
7. Business Interests
8. Receivables (especially private loans made)
9. Passwords (particular for online accounts and assets like cryptocurrency)
10. Location of Hidden Cash (if you have some of course!)