Estate planning asset by asset

BY Sarah Roscioli

Everyone should have a well-designed estate plan that takes into account all of their assets and disposition desires. However, it is important to take an “asset approach” as you are crafting your estate plan with your attorney.

Family business

Have you spent a lifetime creating your business? Do you hope it will continue to flourish after you are gone? Take steps now to make sure this happens.

Putting the “success” in succession planning
What would happen to my business if something happened to me?
Building a business? How entrepreneurs use life insurance in estate planning
Should my business learn a lesson from Disney after the death of Carrie Fisher?
Your estate plan’s business: forming and maintaining business entities
Advantages to gifting family business interests to a trust for children

Real estate

There are multiple estate planning opportunities for real estate, whether your primary residence or not.

What’s the best plan for my personal real estate?
What is a QPRT? And how is it used?
Estate planning for vacation homes
IRS policy affects deceased non-citizen, non-residents real estate


We all have passions. Yours may have resulted in a collection. Make sure it’s handled properly after your passing.

Gun trusts
Wine cellar
Woodworking tools

Non-U.S. assets

If you are a U.S. citizen or resident, the assets you own outside of the U.S. are included in your gross estate for estate tax purposes.

Do you have overseas accounts?

New developments

As technology continues to develop, the items that need to be taken into account during the estate planning process continue to grow.

Estate planning considerations with frozen genetic material
Digital footprint dilemma: how to handle your digital assets after you’re gone
Facebook: Who’s your legacy contact?
Your skin art doesn’t have to die!

Inclusion of assets

While many estate planning conversations include a discussion about how to keep assets out of your gross estate for estate tax purposes, there are times when you may actually want to include additional assets in your gross estate.

What is included in your gross estate?
Intentionally including assets in your gross estate

Finding assets

If your executor and family do not know about or cannot find your assets, then the time you spent planning is for nothing.

Will your family be able to find all of your assets after you die?

Letting go of assets

We all have them. Things we’ve collected over the years. Things we thought we’d use again but never have. Things we care about but for which our loved ones do not have the same feelings.

What to do with unwanted household items?

The foregoing is not intended to be an exhaustive list of the asset-type planning that may be needed but as food for thought as you think about the assets you own and your own estate plan.