Pozzuolo Rodden, P.C. Announces the Release of the Article "Estate Planning: Tips For Organizing Estate Planning Documents"

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Estate planning documents are of little value if they cannot be located; therefore, this article discusses the importance of organizing estate planning documents.

The Law Firm of Pozzuolo Rodden P.C., announces the release of the article "Estate Planning- Tips For Organizing Estate Planning Documents". Below is a sample of the first couple of paragraphs. If you would like to read more, please read the full article and other corporate law, or estate planning topics at http://www.pozzuolo.com/Pubs_Newsletters.shtml

Estate Planning- Tips For Organizing Estate Planning Documents

When planning your estate, you generally meet with lawyers, accountants, and other financial professionals. You will discuss various legal, tax and financial issues, the health and welfare of you and your family, and the distribution of your property upon your death. In the end, you should have detailed documents drafted which provide directions as to how to handle your estate. However, estate planning also requires you to take more basic and practical planning steps. Namely, once you have determined and drafted your estate plan, you have to decide what to do with all your documents.

What documents should you organize?

You must organize your estate planning documents. They are of little value if they cannot be located. The important estate planning documents you should organize include: Marriage License; Divorce Papers; Details concerning pre-planned and prepaid funeral arrangement; Family history including location of photographs, heirlooms, and other irreplaceable items;
Contact information for your lawyer, executor, CPA, stock broker, investment counselor and insurance agent; Will and Trust documents; Healthcare Power of Attorney/Living Will; Financial Power of Attorney; Title to property such as real estate, cars, stocks and bonds, etc.; Copies of loans and debts; Copies of life insurance policies; List of bank accounts; List of all stocks, bonds, or money in mutual funds and where they are; List of pension, annuity and retirement accounts; List of usernames and passwords for internet based accounts; Copies of recent tax returns; Key to your safe deposit box and address to the bank; and, Shred or otherwise destroy any documents you previously created.

Where should you keep your documents?

Generally, you should keep important estate planning documents well organized and in a safe place where your beneficiaries will be able to find and access them. For example, you may keep them with your attorney, in a safe deposit box, or, at home in a secure but accessible fire-proof filing cabinet. Wherever you store them, make sure to notify your family members and beneficiaries, and anyone you have named as a representative or attorney-in-fact for you in the documents of their location..............

If you would like to read more, please read the full article "Estate Planning- Tips For Organizing Estate Planning Documents" and other corporate law or estate planning topics at http://www.pozzuolo.com/Pubs_Newsletters.shtml

Pozzuolo Rodden, P.C. provides specialized cost-effective legal services to privately held business owners and high-net-worth clients in Pennsylvania and New Jersey in excess of 35 years.

Practice Areas:

Business planning and transaction, complex business litigation, commercial real estate and development, construction law and litigation, advanced estate planning and administration, tax and pension law, high profile and intricate family litigation, and employment law and litigation.

Pozzuolo Rodden, P.C.
Counselors at Law
2033 Walnut Street
Philadelphia, PA 19103
215-977-8200
http://www.pozzuolo.com

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Joseph R. Pozzuolo, J.D., B.B.A.
Pozzulo Rodden, PC
215-977-8200
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