Fool.com
Taking it to the street
 |
|
|
|
|
|
Part 1: Where are your important papers?
Examine your need to update or establish a will, durable power of attorney, and advance medical directive (living will). Seem like a lot? It's really not that bad, we promise. See how your affairs stack up with those of your classmates by casting your vote here.
Fill in all of the information on page 31 of your workbook. It will help you keep your sanity and stop you from looking in that flour jar for those keys to the safety deposit box. Review the beneficiary designations for your tax-deferred investment accounts (i.e., IRAs and employer-provided retirement plans) to make sure they accomplish your desires should you die. Determine if and when the size of your and/or your spouse's estate will exceed the amount you may pass on to potential heirs free of estate taxation. If estate taxes may be a problem, consider a consultation with an estate planning attorney to keep such problems to a minimum. Part 2: More questionsIn the last few homework assignments, we have been asking you to answer and review a number of questions, so today we're going to have you do the same! Actually, these questions help you really apply all of those things that you might have glossed over in the lesson and see how some real life examples actually work. So what do you say? After reviewing these questions, we can head over to the Retirement Realities board and discuss our use of euphemisms for death. Have we missed any?Part 3: Go in-depthYou'll find these resources listed on the seminar resource sheet, but use the following Lesson Resources to help you secure your heirs and be prepared for any disasters:Have You Checked Your IRA Lately? Request Your Social Security Statement
| |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Legal Information © 1995 - 2009 The Motley Fool. All rights reserved.
Market Data provided by 
Terms & Conditions
RSS Headlines
Fool UK