Retirement and Estate Planning for Broke Individuals

You can help your relatives immensely by setting up an estate plan now, regardless of who you are. Essentially, whatever you own makes up your estate. These assets could be:

What is Estate Planning?

Estate Planning Checklist

Make an inventory.

Prepare your estate plan.

Decide what your directives will be.

Your beneficiaries need reviewed.

Make sure you know the estate tax laws in your state.

Consider the value of professional assistance.

Maintain a current estate plan.


1. What is estate planning?

2. Do I have an “estate”?

3. What’s the point of planning?

4. Is a will necessary?

5. What happens if I don’t have a will?