Wealth Distribution & Legacy Planning Tool

For personal planning and organizational purposes. This tool does not provide legal or financial advice.

Step 1: Your Asset Inventory

This Plan Outline is Prepared For (Your Name - Optional):

Total Estimated Asset Value: $0.00

Step 2: Designate Your Beneficiaries

List individuals or organizations you wish to include in your estate plan.

Step 3: Plan Your Estate Distribution

Allocate a percentage of your total estimated estate to each beneficiary. Ensure the total equals 100%.

Total Percentage Allocated: 0.00%

Total Estimated Estate Value: $0.00

Step 4: Outline Your Legacy & Final Wishes (Non-Financial)

Use these sections to jot down important thoughts and preferences. These are for your personal organization and discussion with family and professionals.

Personal Messages to Loved Ones:

Values & Principles to Pass On:

Funeral/Memorial Preferences (Optional):

Guardianship for Minors/Dependents (Notes): Guardian nominations MUST be formalized in a legally valid will.

Care for Pets (Optional):

Distribution of Personal Effects (Note):

Other Wishes/Instructions:

Step 5: Your Legacy Plan Outline & Next Steps

Complete previous tabs to view your summary.

Key Considerations & Recommended Next Steps:

This tool is for your personal planning, organization, and informational purposes only. The output is a reflection of the data you have entered.
The information and calculations provided by this tool do not constitute legal, financial, or tax advice and are not legally binding in any way.
It is absolutely essential to consult with qualified professionals to create your formal estate plan. This includes:
- An **estate planning attorney** in your jurisdiction to draft legally valid documents such as a Will, Trust(s), Power of Attorney, and Healthcare Directives that reflect your wishes and comply with all applicable laws.
- A **financial advisor** to discuss how your legacy plan aligns with your overall financial strategy and investment management.
- A **tax professional** to understand any potential tax implications related to your estate and distribution plan.
Regularly review and update your formal estate plan and beneficiary designations with your legal and financial professionals, especially after significant life events (marriage, divorce, birth of a child, death of a beneficiary, substantial changes in assets, etc.).
Ensure your beneficiary designations on retirement accounts (401k, IRA), life insurance policies, and other financial accounts are up-to-date and consistent with your overall estate plan, as these designations often override instructions in a will for those specific assets.