Untitled Document

ABOUT ESTATE PLANNING

ESTATE PLANNING RISK BAROMETER

Choose either "Yes" or "No" to the right of each question
Note: Questions that are not applicable to you should be answered as "yes"

1. Do I have a will?	Yes No
2. Is my will up to date?	Yes No
3. Do I have a trust?	Yes No
4. Is my trust up to date?	Yes No
5. Is my trust fully funded?	Yes No
6. Do I have a health care power of attorney?	Yes No
7. Do I have medical directives in my health care power of attorney or do I have a living will?	Yes No
8. Do I have a financial power of attorney?	Yes No
9. If I have any minor children, have I designated someone to act as guardian?	Yes No
10. If I have minor children, have I made provisions for their care in the event of my disability or death?	Yes No
11. If I have a handicapped or special needs child, have I made provisions for the appointment of a guardian in the event of my death or disability?	Yes No
12. If I have a handicapped or special needs child, have I set up a special needs trust in the event of my death that would not disqualify the child from governmental assistance?	Yes No
13. If I have an elderly parent whom I am caring for, have I made provisions for their care upon my death or disability?	Yes No
14. If I am nearing retirement, upon retirement I will no longer have tax withholdings; I may have to make quarterly payments for federal, state and city income taxes. Have I made provisions for these tax payments?	Yes No
15. If I have a pet, have I made provisions for its care upon my death or disability?	Yes No
16. If I or my spouse have children from a previous marriage, do I own all of my property in my own name and not joint with my spouse?	Yes No

LAW OFFICES OF MATTHEW M. WALLACE, P.C.
709 Huron Avenue, Port Huron, MI 48060
Phone: (810) 985-4320 / Fax: (810)985-4108
©2003 Matthew M. Wallace