When should I start estate planning?

As soon as you have any assets, dependents, or strong preferences about medical care. At minimum, everyone over 18 should have a healthcare directive and power of attorney. Add a will once you have dependents or significant assets.

What is the difference between a will and a trust?

A will goes through probate (public, slow, costly). A revocable living trust avoids probate, remains private, and takes effect immediately if you become incapacitated. Trusts cost more to set up ($1,500-$3,000) but save time and money long-term.

How often should I update my estate plan?

Review every 3-5 years and after major life events: marriage, divorce, birth of child, death of beneficiary, significant asset changes, moving to a new state, or tax law changes. At minimum, verify beneficiary designations annually.

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📜 Estate Planning Checklist

Protect your family and ensure your wishes are carried out.

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About This Checklist

This free estate planning checklist guides you through all essential documents and decisions: last will, revocable trust, healthcare directive, power of attorney, beneficiary updates, and asset documentation. Track your progress — saved locally in your browser with no signup.

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