G- Estate Planning Retention Guidelines

G-1 Appraisals Following death, should be transferred to (N-2) Estate & Inheritance Tax Returns, and then maintained, indefinitely.

G-2 Durable Power of Attorney Until Estate of Decedent is Closed; Or until new Power of Attorney is executed and delivered. Only the most recent Power of Attorney should be maintained.

G-3 Estate Planning Information Personal Preference. This location contains any articles, brochures, or general estate planing information documents.

G-4 Estate Tax Information Personal Preference. This location contains any articles, brochures, or general estate tax planing information documents. Estate or Inheritance Tax Returns are not filed here. These documents are filed in (N-2) Estate & Inheritance Tax Returns.

G-5 Final Account of Estate Indefinitely

Funeral & Burial Information G-6 Until Estate Tax Return is Filed; Copy saved with (N-2)
Estate & Inheritance Tax Returns.

G-7 Last Will & Testament Until Estate of Decedent is Closed; Includes any Codicils or amendments. Only the most recent Power of Attorney should be maintained.

G-8 Life Insurance Claims You should only place documents related to claims being submitted on the life of a deceased person here. (e.g. claim forms, copies of settlement statements, collateral assignments, beneficiary statements, copies of claim checks, etc.) These documents should be maintained until the Federal and State Estate / Inheritance Tax returns are filed. Policies that are currently maintained on living persons are filed under (D-7) Life Insurance.

G-9 Living Will – Health Care Directive Until Estate of Decedent is Closed; Or until new Living Will / Health Care Directive is executed and delivered. Only the most recent Living Will / Health Care Directive
should be maintained.

G-10 Probate Documents Until Estate of Decedent is Closed

G-11 Trusts For trusts in general: Until all trust property is fully distributed to the trust’s beneficiaries; Only most recent trust should be maintained. Outdated trusts should be disposed upon execution and delivery of new trust.
For Life Insurance Trusts:
If the trust refers to a specific policy(ies), that is / are disposed of during lifetime, then the trust should be
reviewed by qualified counsel and amended as necessary.