Door In Tax Advisory Group

We specialize in all things taxes but have expanded to life insurance and estate planning through our partnership with Guardian Life Insurance Company.

U.S. Estate Planning Checklist 🇺🇸 used in Estate Planning to help individuals organize their assets, protect family members, and reduce taxes.

📋 U.S. Estate Planning Checklist

1️⃣ Create a Will
Draft a last will and testament
Name beneficiaries for your assets
Appoint an executor to manage the estate
2️⃣ Establish Trusts (if needed)
Set up a revocable living trust
Consider irrevocable trusts for tax planning
Protect assets for children or dependents
3️⃣ Review Beneficiary Designations
Check beneficiaries on:
Retirement accounts (401(k), IRA)
Life insurance policies
Transfer-on-death bank accounts
4️⃣ Plan for Incapacity
Prepare legal documents such as:
Durable Power of Attorney
Healthcare Power of Attorney
Living will (medical decisions)
5️⃣ Organize Financial Information
Create a record of:
Bank accounts
Investments
Real estate
Business interests
Insurance policies
6️⃣ Understand Estate Taxes
Know the rules of the Internal Revenue Service regarding:
Federal estate tax exemption
Gift tax limits
Tax-efficient transfer strategies
7️⃣ Protect Minor Children
Name a legal guardian
Create a trust to manage funds for children
8️⃣ Plan for Digital Assets
List access to:
Online banking
Cryptocurrency wallets
Social media accounts
Cloud storage
9️⃣ Consider Business Succession
If you own a business:
Create a succession plan
Establish buy-sell agreements
Identify future leadership
🔟 Review Your Plan Regularly
Update documents after:
Marriage or divorce
Birth of children
Major financial changes
Moving to another state

✅ Pro Tip: Review your estate plan every 3–5 years to keep it current with tax laws and life changes.

January 26th marks the start of tax season but I'm already on it, filing taxes and welcoming new clients who need expert help with audits or strategic tax planning, let's get tax-smart! 📊💼📈🎉👍

Maxed out your HSA and 401k but still need more advanced tax saving strategies for 2025? 💰 Get an assessment—DM or book now on www.mharriotinc.net 💼

Whether you currently participate in a Health Savings Account (HSA) or you're interested in getting one, changes under the One, Big, Beautiful Bill have expanded eligibility requirements. This opens the door for more people to save and pay for healthcare through this tax-free benefit. New guidance from and Treasury explain the changes.

Find out more about HSA eligibility changes at https://ow.ly/JjWq50XGSKe.