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Kevin McKernan Kevin McKernan

CLIENT ESTATE PLAN REVIEW CHECKLIST

Ensuring your estate plan remains on the right path requires careful attention and regular updates. These twenty steps serve as a comprehensive guide to help you safeguard your estate and provide for your loved ones according to your wishes.

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Kevin McKernan Kevin McKernan

ESTATE PLANNING FOR DIGITAL ASSETS – INTANGIBLE, BUT IMPORTANT:

As our society becomes more reliant on digital technologies, the world of estate planning faces new challenges. Many people today, whether they realize it or not, own substantial digital assets. Names, blogs, bitcoin, and non-fungible tokens (NFTs) are examples of digital assets that must be considered when creating an estate plan. If the proper authorizations are not in place, passwords, data encryption, criminal laws on "exceeding authorized access," and data privacy laws may prevent a decedent's family members from accessing their loved one's digital assets. It is more important than ever to have an up-to-date estate plan that complies with the law, expresses your intentions regarding all of your property, digital or not, and reduces emotional and financial burdens on loved ones after death. Digital property should not be overlooked.

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Kevin McKernan Kevin McKernan

Keep up-to-date on your will and estate plan.

When it comes to a will or estate plan, don't just sign it and forget about it. There are some obvious triggers that might prompt you to update your will, such as changes in health or marital status.

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