{"id":34466,"date":"2023-11-24T04:02:43","date_gmt":"2023-11-24T04:02:43","guid":{"rendered":"https:\/\/www.process.st\/templates\/estate-planning-checklist\/"},"modified":"2024-03-05T15:33:30","modified_gmt":"2024-03-05T15:33:30","slug":"estate-planning-checklist","status":"publish","type":"post","link":"https:\/\/www.process.st\/templates\/estate-planning-checklist\/","title":{"rendered":"Estate Planning Checklist"},"content":{"rendered":"\n<section id=\"initial-consultation-with-the-client\"> \n <h2>Initial Consultation with The Client<\/h2>\n <div class=\"text-content\">\n   In this task, you will schedule the initial consultation with the client to discuss their estate planning needs. The purpose of this meeting is to gain a clear understanding of their goals and objectives, as well as any specific concerns they may have. You will also explain the estate planning process and outline the steps involved. This task sets the foundation for a successful estate planning process. \n <\/div> \n <div class=\"members-field-content form-field-content\"> \n  <div class=\"form-group\"> <label> Client Name <\/label> <select disabled class=\"form-control\"> <option value=\"A member or group will be selected here\">A member or group will be selected here<\/option> <\/select> \n  <\/div> \n <\/div> \n<\/section> \n<section id=\"detailing-the-entire-estate\"> \n <h2>Detailing the Entire Estate<\/h2>\n <div class=\"text-content\">\n   This task involves gathering detailed information about the client's entire estate. You will need to collect information about their assets, liabilities, income, and expenses. This information will be used to calculate the net worth of their estate and identify any potential areas of concern or opportunities for estate planning strategies. \n <\/div> \n <div class=\"multi-select-content form-field-content\"> \n  <div class=\"form-group\"> <label> Information to gather <\/label> \n  <\/div> \n  <ul class=\"items\"> \n   <li class=\"item\"> \n    <div class=\"step-number-container\"> \n     <div class=\"step-number\">\n       1 \n     <\/div> \n    <\/div> \n    <div class=\"step-checkbox-container\"> \n     <div class=\"step-checkbox\"><\/div> \n    <\/div> \n    <div class=\"item-name-static\">\n      Real estate properties \n    <\/div> <\/li>\n   <li class=\"item\"> \n    <div class=\"step-number-container\"> \n     <div class=\"step-number\">\n       2 \n     <\/div> \n    <\/div> \n    <div class=\"step-checkbox-container\"> \n     <div class=\"step-checkbox\"><\/div> \n    <\/div> \n    <div class=\"item-name-static\">\n      Bank accounts \n    <\/div> <\/li>\n   <li class=\"item\"> \n    <div class=\"step-number-container\"> \n     <div class=\"step-number\">\n       3 \n     <\/div> \n    <\/div> \n    <div class=\"step-checkbox-container\"> \n     <div class=\"step-checkbox\"><\/div> \n    <\/div> \n    <div class=\"item-name-static\">\n      Investment accounts \n    <\/div> <\/li>\n   <li class=\"item\"> \n    <div class=\"step-number-container\"> \n     <div class=\"step-number\">\n       4 \n     <\/div> \n    <\/div> \n    <div class=\"step-checkbox-container\"> \n     <div class=\"step-checkbox\"><\/div> \n    <\/div> \n    <div class=\"item-name-static\">\n      Retirement accounts \n    <\/div> <\/li>\n   <li class=\"item\"> \n    <div class=\"step-number-container\"> \n     <div class=\"step-number\">\n       5 \n     <\/div> \n    <\/div> \n    <div class=\"step-checkbox-container\"> \n     <div class=\"step-checkbox\"><\/div> \n    <\/div> \n    <div class=\"item-name-static\">\n      Business interests \n    <\/div> <\/li>\n   <li class=\"item\"> \n    <div class=\"step-number-container\"> \n     <div class=\"step-number\">\n       6 \n     <\/div> \n    <\/div> \n    <div class=\"step-checkbox-container\"> \n     <div class=\"step-checkbox\"><\/div> \n    <\/div> \n    <div class=\"item-name-static\">\n      Life insurance policies \n    <\/div> <\/li>\n   <li class=\"item\"> \n    <div class=\"step-number-container\"> \n     <div class=\"step-number\">\n       7 \n     <\/div> \n    <\/div> \n    <div class=\"step-checkbox-container\"> \n     <div class=\"step-checkbox\"><\/div> \n    <\/div> \n    <div class=\"item-name-static\">\n      Debts and loans \n    <\/div> <\/li>\n   <li class=\"item\"> \n    <div class=\"step-number-container\"> \n     <div class=\"step-number\">\n       8 \n     <\/div> \n    <\/div> \n    <div class=\"step-checkbox-container\"> \n     <div class=\"step-checkbox\"><\/div> \n    <\/div> \n    <div class=\"item-name-static\">\n      Monthly expenses \n    <\/div> <\/li> \n  <\/ul> \n <\/div> \n<\/section> \n<section id=\"identify-clients-estate-planning-goals\"> \n <h2>Identify Client's Estate Planning Goals<\/h2> \n<\/section> \n<section id=\"calculate-estate-net-worth\"> \n <h2>Calculate Estate Net Worth<\/h2> \n<\/section> \n<section id=\"approval-financial-assessment-review\"> \n <h2>Approval: Financial Assessment Review<\/h2>\n <div class=\"approval-content\"> \n  <div class=\"header\"> \n   <div class=\"list-title\">\n    Will be submitted for approval:\n   <\/div> \n  <\/div> \n  <div class=\"approval-rule-subject-tasks-list\"> \n   <ul class=\"list\"> \n    <li> \n     <div class=\"approval-rule-subject-tasks-list-item\"> \n      <div class=\"item\"> \n       <div class=\"container\"> <span class=\"title\">Calculate Estate Net Worth<\/span> \n        <div class=\"body\">\n         Will be submitted\n        <\/div> \n       <\/div> \n      <\/div> \n     <\/div> <\/li> \n   <\/ul> \n  <\/div> \n <\/div> \n<\/section> \n<section id=\"development-of-estate-planning-strategy\"> \n <h2>Development of Estate Planning Strategy<\/h2> \n<\/section> \n<section id=\"drafting-a-will\"> \n <h2>Drafting a Will<\/h2> \n<\/section> \n<section id=\"review-and-approval-wills-draft\"> \n <h2>Review and Approval: Will's Draft<\/h2> \n<\/section> \n<section id=\"designation-of-power-of-attorney\"> \n <h2>Designation of Power of Attorney<\/h2> \n<\/section> \n<section id=\"setting-up-trusts\"> \n <h2>Setting up Trusts<\/h2> \n<\/section> \n<section id=\"designating-beneficiaries\"> \n <h2>Designating Beneficiaries<\/h2> \n<\/section> \n<section id=\"approval-beneficiary-designation-review\"> \n <h2>Approval: Beneficiary Designation Review<\/h2>\n <div class=\"approval-content\"> \n  <div class=\"header\"> \n   <div class=\"list-title\">\n    Will be submitted for approval:\n   <\/div> \n  <\/div> \n  <div class=\"approval-rule-subject-tasks-list\"> \n   <ul class=\"list\"> \n    <li> \n     <div class=\"approval-rule-subject-tasks-list-item\"> \n      <div class=\"item\"> \n       <div class=\"container\"> <span class=\"title\">Designating Beneficiaries<\/span> \n        <div class=\"body\">\n         Will be submitted\n        <\/div> \n       <\/div> \n      <\/div> \n     <\/div> <\/li> \n   <\/ul> \n  <\/div> \n <\/div> \n<\/section> \n<section id=\"review-tax-implications\"> \n <h2>Review Tax Implications<\/h2> \n<\/section> \n<section id=\"ensure-adequate-liquidity-to-cover-costs-and-taxes\"> \n <h2>Ensure Adequate Liquidity To Cover Costs and Taxes<\/h2> \n<\/section> \n<section id=\"drafting-a-living-will-or-advanced-medical-directive\"> \n <h2>Drafting a Living Will or Advanced Medical Directive<\/h2> \n<\/section> \n<section id=\"approval-advanced-medical-directive\"> \n <h2>Approval: Advanced Medical Directive<\/h2>\n <div class=\"approval-content\"> \n  <div class=\"header\"> \n   <div class=\"list-title\">\n    Will be submitted for approval:\n   <\/div> \n  <\/div> \n  <div class=\"approval-rule-subject-tasks-list\"> \n   <ul class=\"list\"> \n    <li> \n     <div class=\"approval-rule-subject-tasks-list-item\"> \n      <div class=\"item\"> \n       <div class=\"container\"> <span class=\"title\">Drafting a Living Will or Advanced Medical Directive<\/span> \n        <div class=\"body\">\n         Will be submitted\n        <\/div> \n       <\/div> \n      <\/div> \n     <\/div> <\/li> \n   <\/ul> \n  <\/div> \n <\/div> \n<\/section> \n<section id=\"final-review-of-estate-plan\"> \n <h2>Final Review of Estate Plan<\/h2> \n<\/section> \n<section id=\"execute-estate-documents\"> \n <h2>Execute Estate Documents<\/h2> \n<\/section> \n<section id=\"storage-of-estate-planning-documents\"> \n <h2>Storage of Estate Planning Documents<\/h2> \n<\/section> \n<section id=\"setting-next-review-date\"> \n <h2>Setting Next Review Date<\/h2> \n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Initial Consultation with The Client In this task, you will schedule the initial consultation with the client to discuss their estate planning needs. The purpose of this meeting is to gain a clear understanding of their goals and objectives, as well as any specific concerns they may have. You will also explain the estate planning [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"ep_exclude_from_search":false,"cover_icon_emoji":"\ud83d\udcdd","cover_icon_url":"","tasks_count":"20","template_description":"","template_id":"gsHJSZpaEwyjNWbVaNhOtQ","task_0":"Initial Consultation with The Client","task_slug_0":"initial-consultation-with-the-client","task_1":"Detailing the Entire Estate","task_slug_1":"detailing-the-entire-estate","task_2":"Identify Client's Estate Planning Goals","task_slug_2":"identify-clients-estate-planning-goals","task_3":"Calculate Estate Net Worth","task_slug_3":"calculate-estate-net-worth","task_4":"Approval: Financial Assessment Review","task_slug_4":"approval-financial-assessment-review","task_5":"Development of Estate Planning Strategy","task_slug_5":"development-of-estate-planning-strategy","task_6":"Drafting a Will","task_slug_6":"drafting-a-will","task_7":"Review and Approval: Will's Draft","task_slug_7":"review-and-approval-wills-draft","task_8":"Designation of Power of Attorney","task_slug_8":"designation-of-power-of-attorney","task_9":"Setting up Trusts","task_slug_9":"setting-up-trusts","task_10":"Designating Beneficiaries","task_slug_10":"designating-beneficiaries","task_11":"Approval: Beneficiary Designation Review","task_slug_11":"approval-beneficiary-designation-review","task_12":"Review Tax Implications","task_slug_12":"review-tax-implications","task_13":"Ensure Adequate Liquidity To Cover Costs and Taxes","task_slug_13":"ensure-adequate-liquidity-to-cover-costs-and-taxes","task_14":"Drafting a Living Will or Advanced Medical Directive","task_slug_14":"drafting-a-living-will-or-advanced-medical-directive","task_15":"Approval: Advanced Medical Directive","task_slug_15":"approval-advanced-medical-directive","task_16":"Final Review of Estate Plan","task_slug_16":"final-review-of-estate-plan","task_17":"Execute Estate Documents","task_slug_17":"execute-estate-documents","task_18":"Storage of Estate Planning Documents","task_slug_18":"storage-of-estate-planning-documents","task_19":"Setting Next Review Date","task_slug_19":"setting-next-review-date","task_20":"","task_slug_20":"","task_21":"","task_slug_21":"","task_22":"","task_slug_22":"","task_23":"","task_slug_23":"","task_24":"","task_slug_24":"","task_25":"","task_slug_25":"","task_26":"","task_slug_26":"","task_27":"","task_slug_27":"","task_28":"","task_slug_28":"","task_29":"","task_slug_29":"","task_30":"","task_slug_30":"","task_31":"","task_slug_31":"","task_32":"","task_slug_32":"","task_33":"","task_slug_33":"","task_34":"","task_slug_34":"","task_35":"","task_slug_35":"","task_36":"","task_slug_36":"","task_37":"","task_slug_37":"","task_38":"","task_slug_38":"","task_39":"","task_slug_39":"","task_40":"","task_slug_40":"","task_41":"","task_slug_41":"","task_42":"","task_slug_42":"","task_43":"","task_slug_43":"","task_44":"","task_slug_44":"","task_45":"","task_slug_45":"","task_46":"","task_slug_46":"","task_47":"","task_slug_47":"","task_48":"","task_slug_48":"","task_49":"","task_slug_49":"","task_50":"","task_slug_50":"","task_51":"","task_slug_51":"","task_52":"","task_slug_52":"","task_53":"","task_slug_53":"","task_54":"","task_slug_54":"","task_55":"","task_slug_55":"","task_56":"","task_slug_56":"","task_57":"","task_slug_57":"","task_58":"","task_slug_58":"","task_59":"","task_slug_59":"","task_60":"","task_slug_60":"","task_61":"","task_slug_61":"","task_62":"","task_slug_62":"","task_63":"","task_slug_63":"","task_64":"","task_slug_64":"","task_65":"","task_slug_65":"","task_66":"","task_slug_66":"","task_67":"","task_slug_67":"","task_68":"","task_slug_68":"","task_69":"","task_slug_69":"","task_70":"","task_slug_70":"","task_71":"","task_slug_71":"","task_72":"","task_slug_72":"","task_73":"","task_slug_73":"","task_74":"","task_slug_74":"","task_75":"","task_slug_75":"","task_76":"","task_slug_76":"","task_77":"","task_slug_77":"","task_78":"","task_slug_78":"","task_79":"","task_slug_79":"","task_80":"","task_slug_80":"","task_81":"","task_slug_81":"","task_82":"","task_slug_82":"","task_83":"","task_slug_83":"","task_84":"","task_slug_84":"","task_85":"","task_slug_85":"","task_86":"","task_slug_86":"","task_87":"","task_slug_87":"","task_88":"","task_slug_88":"","task_89":"","task_slug_89":"","task_90":"","task_slug_90":"","task_91":"","task_slug_91":"","task_92":"","task_slug_92":"","task_93":"","task_slug_93":"","task_94":"","task_slug_94":"","task_95":"","task_slug_95":"","task_96":"","task_slug_96":"","task_97":"","task_slug_97":"","task_98":"","task_slug_98":"","task_99":"","task_slug_99":"","footnotes":""},"categories":[100,6],"tags":[],"class_list":["post-34466","post","type-post","status-publish","format-standard","hentry","category-estate-planning","category-finance"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.process.st\/templates\/wp-json\/wp\/v2\/posts\/34466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.process.st\/templates\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.process.st\/templates\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.process.st\/templates\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.process.st\/templates\/wp-json\/wp\/v2\/comments?post=34466"}],"version-history":[{"count":0,"href":"https:\/\/www.process.st\/templates\/wp-json\/wp\/v2\/posts\/34466\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.process.st\/templates\/wp-json\/wp\/v2\/media?parent=34466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.process.st\/templates\/wp-json\/wp\/v2\/categories?post=34466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.process.st\/templates\/wp-json\/wp\/v2\/tags?post=34466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}