After completion of a client’s executed estate planning documents which often include Revocable Living Trusts, Last Will & Testaments, Financial Powers of Attorney and Advance Directives for Health Care, I scan all the documents onto a USB memory drive and place all hard copies into an Estate Planning Binder.
The Binder should be kept in a fire proof box, or a safe, for keeping. Make sure you tell someone where the Binder is located and how to access it. Copies of life insurance policies, bank statements, deeds to real property, etc. should be kept in the binder so that your Trustee or Executor know where to find your assets. Don’t send them on a treasure hunt–the Estate Planning Binder should be their go to resource.
