What steps should I take to make sure my estate plan is properly executed?

Creating an estate plan is an important step to ensure that your wishes will be carried out after your passing. If you live in the state of Washington, there are a few steps you should take to make sure your estate plan is properly executed. The first step is to decide who you want to manage your estate once you pass away. This will vary from person to person, but typically the executor of the estate is the individual responsible for administering the estate, including paying off debts and distributing any assets. The next step is to create a will or trust. If you create a will, you should ensure it meets the requirements of your state. In Washington, a will must be in writing and signed by you, as well as two other people who witnessed the signing of the will. The will should include detailed instructions on how to divide your assets and designate guardians of any minor children. You should also make a list of all of your assets and their approximate value. This list will help your executor with distributing your assets to the appropriate people. You will also need to create an advance directive. This document outlines your wishes regarding your medical care should you become terminally ill or incapacitated. Finally, you should consult with an estate planning attorney to ensure that all of the documents meet the requirements of your state. They will be able to guide you through the process and provide assistance in creating any documents needed to ensure your estate plan is properly executed.

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