Planning Beyond The Will
Anyone who has lost a loved one or parent knows the frustration of having to figure out where everything is. You go to their home stand there looking around asking now what? Where did they keep the insurance policies? Did they have a safe deposit box? What Bank? What would be the box number? Where would I find the key? Did Mom and Dad have a storage unit? Dad always talked of getting a boat, what marina would it be at? These are just a few of the asset questions that come to mind along with the hundreds of questions that are overlooked or never asked.
Everyone should have a will to direct what they want to have done with their estate after they are gone. But, a will is only a shell that in most cases leaves many unanswered questions and holes where parts of the estate can get lost in. Your will may have details such as Mom's jewelry goes to Betty and Dad's tools go to Tom but do they know know you have a storage unit at Jack Rabbit storage? Would they know that someone owes you money or that you have a safe deposit box at the local bank branch? Would they know you had a mortgage life insurance policy or that as a member of a fraternal organization you qualified for a small term life policy?
The My Estate system allows you to catalog all of the assets of the estate into a single location. My Estate uses a unique interview format that will force the user to consider things they would never put into a will but could be of significant value to the estate. The user reviews the simple questions and answers by selecting yes to all of the appropriate areas, such as accounts, policies, remote storage, secure storage, assets and more. Once the interview is completed the system builds a database framework for each item selected. You then go and fill in the blanks to add the information you determine is important.
What's new in version 18.104.22.1689
ReleaseApril 22, 2014
Date AddedApril 22, 2014
Operating SystemsWindows 2003, Windows Vista, Windows, Windows NT, Windows 2000, Windows 8, Windows Server 2008, Windows 7