What Your Family and Executor Will Need to Know - dummies

By Margaret Kerr, JoAnn Kurtz

Part of Wills & Estate Planning For Canadians For Dummies Cheat Sheet

You’ve considered your family and loved ones by drafting a will and creating an estate plan, so make sure they’ll be able to take advantage of all your careful planning! Do they know that you have a will, and where to find it? Do they have your account numbers and contact information for your lawyers and other advisors?

Here are the key pieces of information that your family, executor and loved ones will need to know once you’re gone.

  • Whether you want to donate your organs.

  • What kind of funeral you want.

  • Where to find your will.

  • Where you keep your important documents.

  • The location of your safety deposit box and where to find the key.

  • Particulars of any insurance policies on your life.

  • Information about your bank accounts, investments, pensions, and other property.

  • Details of your debts.

  • The name and address of your lawyer, financial adviser, and insurance agent.