Plan Like a Queen: The Estate Planning Checklist You Didn’t Know You Needed

A Roadmap for Women to Secure Their Legacy

Let’s be real for a second. You’ve worked too hard building your dream life to leave anything to chance, even when it’s over. Estate planning might sound like something for “later,” but trust us – it’s a power move you need to make now. 

Estate planning is the process of designating who manages your assets whenever you’re not able to. Strategic planning can structure any inheritance in a way that minimizes its tax impact on your beneficiaries. 

Our Estate Planning Checklist will help you gauge how effective your current plans may be. If you don’t understand or answer “NO” to a question, that’s a great place for us to start. Connect with us today to continue down the right path for your estate planning needs. 

Estate planning is a multi-faceted process. Here are some big ideas to get you started: 

Step 1: Prepare That Will

A will isn’t just paperwork–it’s your voice making sure your wishes are heard. This legal document determines how your assets are distributed and who cares for any minor children. Don’t DIY this one– work with an estate planning attorney to ensure it’s legally sound and reflects your state’s laws. 

Step 2: Choose Your Power Player (Power of Attorney)

Your Power of Attorney (POA) is crucial. This person will make financial and legal decisions if you can’t. Choose someone who shares your values and has the backbone to stand up for your wishes. You’ll need to decide if they step in immediately or only under certain conditions. 

Step 3: Take Control of Your Healthcare Decisions

Your Advance Healthcare Directive is your way of staying in control, even when life throws curveballs. Choose someone who knows your values and will advocate for your wishes. This isn't just about you – it's about giving your loved ones clarity and peace of mind when they need it most.

Step 4: Get Smart About Gifting

Strategic gifting isn’t just generous, it’s genius. You can reduce estate taxes while sharing your wealth with loved ones during your lifetime. Plus, nothing beats seeing their faces light up when you help make their dreams come true. Consider options like Charitable Remainder Trusts if they align with your goals. 

Step 5: Minimize Those Estate Taxes

Trusts aren’t just for the mega-wealthy; they’re for smart women who want peace of mind about their legacy. Whether you’re providing for young children or managing complex assets, there’s likely a trust structure to fit your needs.  

Step 6: Trust in Trusts 

Trusts aren't just for the ultra-wealthy; they're for smart women who want to protect their assets and control how they're distributed. Whether you're providing for young children or managing complex assets, there's probably a trust structure that fits your needs.

Step 7: Build Your Dream Team
You've got goals, and you need a squad to help you achieve them. Assemble your professional dream team – estate planning attorney, tax advisor, and financial planner. These experts will help ensure your plan is airtight and aligned with your vision.

Our Checklist

Answer these questions to see how far along you are in the Estate Planning process and start thinking about your next steps. 

The Bottom Line

Here's what we want you to remember: Estate planning isn't about dwelling on the future – it's about taking control of it. It's about protecting everything you've built and everyone you love. You've worked too hard to leave your legacy to chance.

Ready to take this on? We're right here with you.