EDC Lord Will Preparation Checklist

At EDC Lord we know that making the decision to write your Will can often be a daunting experience. So that we may assist you with this process we have drawn up a Will Preparation Checklist to help guide you.

If you need assistance in drafting a Will please feel free to contact our Private Client department for a no obligation discussion on 020 8848 9988.

EDC Lord Will Preparation Checklist.

1. Personal information about both you and your spouse
Full legal names
Address and telephone numbers
Occupations
Date and place of births
Full names and date of births of all your children
Information about your children: are they adopted, infirm, born out of wedlock or are your children from a previous relationship?
2. Information about your marital status
Date and place of current marriage
Do you have a marriage contract?
Information about previous marriages
Any children of previous marriage?
Is prior spouse still alive?
Are there any existing separation agreements?
3. Summary of your Assets
Cash and bank accounts, where located, and account number
Life insurance policies
With who, for what amount, and who is the beneficiary (designated or to your estate)?
Any securities, pension plans, annuities, RRSPs or RRIFs?
With who, what amount, and is there a designated beneficiary?
Your principal residence (home)
Type of ownership: sole, joint tenants or tenants-in-common
Current market value, amount of your equity and mortgages
Similar information on any other real estate
Information on businesses owned: proprietorships, partnerships or private companies you have an interest in
Any inheritance expected or other money or assets you are expecting?
Your personal effects
Make a list of household furnishings, cars, boats, jewellery and other personal belongings of sentimental value
Location of Safety Deposit Box and important papers
4. Summary of your Debts
List any debts, such as loans, mortgages, guarantees, promissory notes, and amount owed and to whom