Estate Planning Quiz (Single)
Here is a simple Estate Planning Quiz. Answer 7 short questions below, then click "Show Me My Score" and see how you did. Explanations/suggestions for all answers will be displayed with results.
Do you have a Will?
Yes
No
Do you hold some of your assets
jointly
with your kids (or someone else)?
Yes
No
If you have an IRA, a 401(k), a 403(b), or some other qualified retirement plan, do you know the critical difference between a beneficiary and a
Designated Beneficiary
under the IRS regulations?
Yes
No
After you're gone, have you left your estate to your children in
equal
shares?
Yes
No
If you have a life insurance policy on your life,
do you own it
yourself?
Yes
No
Do you have a validly executed General Durable Power of Attorney to protect you in case of incapacity?
Yes
No
Do you have a validly executed
Advance Medical Directive
appointing an agent to make health care decisions at times when you are unable to do so on your own behalf?
No
Yes - but it does not
expressly
authorize my agent to request a DNR order from my physician.
Yes - and it does include provisions for a DNR order.