LIFE AND DEATH ESTATE CHECKLIST, PART I.

• Author: DAY, DANIEL M.
• Position: Brief Article

Most estate plans focus on "death benefits" for others rather than on "lifetime benefits" for you now, while you're alive. Advanced wealth management focuses first on your vision and life-time benefits -- your goals and dreams -- and then addresses the distribution of your wealth upon your death.

EMOTIONAL, PHILOSOPHICAL AND SPIRITUAL

Questions for Your Lifetime Legacy

* Do I spend my time, talents and resources doing what I really want to do?

* Am I spending my time and talents on the most important things possible?

* If I could spend my time doing anything in the world, what would it be?

* Do I live exactly where I want to live?

* Do I travel whenever and wherever I want?

* Is there a cause I would like to be involved in?

* Do I give intelligently to those in need?

* Do I have any dreams I have not yet accomplished?

* If I could change any list of things in this world, what would they be?

* Do I want to give cash or assets to my heirs while I'm alive?

* If I give to my heirs now, how can I do so without hurting them?

This checklist is divided into two parts: This month we present the first half of your "Life Estate", which concerns your goals and dreams for you now while you're alive. Next month we'll finish the "Life Estate" section, and offer your "Death Estate" checklist.

Questions for your Family and Community Legacy

* How much do I want to distribute and to whom?

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