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What If I Die First? A Discussion of Basic Estate Planning Michael Stratton, P.A. Attorney at Law Serving Florida Families 4076784LAW 4076784529www.MichaelStrattonPA.com or www.WinterSpringsLaw.com
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Gather all necessary personal and financial information, such as bank account details, insurance policy information, and digital asset credentials.
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Decide who you want to be in charge of managing your affairs after you pass away. This can be a family member, friend, or a professional trustee.
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Consult with an attorney to create a last will and testament or a living trust. Specify your wishes regarding the distribution of your assets and the appointment of guardians for minor children, if applicable.
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Consider purchasing a life insurance policy to provide financial support to your loved ones after your death.
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Create a document outlining your funeral and burial preferences. Include details such as whether you wish to be cremated or buried, and any specific funeral arrangements you desire.
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Store all important documents, including your will, life insurance policy, and funeral preferences, in a secure location that can be easily accessed by your chosen representative.
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