Do you or your spouse handle most of your financial activities? If your spouse were not here today, would you know the passwords to your online accounts, how to pay your bills, be able to find the deed to your house, or access the contact information for your accountant? Below is a checklist of information that should be shared with your spouse to assure you each have access to manage important financial tasks independently.

Trusted Advisors + Contact Information

• Accountant
• Lawyer
• Financial Advisor
• Insurance Agent
• Banker

Insurance Policies

• Life Insurance
• Health Insurance
• Disability Insurance
• Long-Term Care Insurance
• Car Insurance
• Home Insurance
• Other Insurance Policies (Theft, Fire, Earthquake, Umbrella, Etc.)
• Login Credentials

Bank Accounts

• Checking Account(s)
• Savings Account(s)
• Money Market Account(s)
• Certificates of Deposit (CDs)
• Safe-Deposit (Box Number, Keys, & Location)
• Credit + Debit Cards
  • Card Number(s)
  • Expiration Date(s)
  • Recent Account Statements
  • Login Credentials

Proof Of Identity and Relationships

• Social Security Card
• Birth Certificate
• Marriage Certificate(s)
• Divorce Certificate(s)
• Prenuptial Agreement(s)
• Divorce Settlement(s)

Mortgages + Loans

• Bank/Credit Union Information
• Agreement(s)
• Login Credentials

Medical Information

• Medical History
• Medical Records
• Current Prescriptions
• Medical Directives

Titles + Deeds to Any Property

• Real Estate
• Motor Vehicles
• Boats
• Airplanes

Tax Returns

• Last 3 Years of Tax Returns
• Most recent W-2 forms
• Gift Tax Returns

Pension Plans + Retirement Benefit Information

• 401(k) or 403(b) Plans
• IRAs
• Roth IRAs
• Simplified Employee Pension (SEP) Plan
• Salary Reduction Simplified Employee Pension (SARSEP) Plan
• Login Credentials

Investment Portfolios + Brokerage Accounts

• Stocks
• Bonds
• Mutual Funds
• Brokerage Accounts
• Login Credentials

Will

• Copy of the Will
• Copies of Previous Versions of Will
• Name of Attorney/Law Firm That Helped Create Will (If Applicable)

Trusts

• Declarations of Trust/Trust Agreements
• Name of Attorney/Law Firm That Helped Create Trust (If Applicable)
• Bank accounts associated with the Trust

Power Of Attorney

• Medical Power of Attorney
• Financial Power of Attorney
• Name of Person Appointed to Power of Attorney
• Name of Attorney/Law Firm That Helped Create POA (If Applicable)

Household Utilities

• Electricity
• Gas
• Water
• Trash
• Phone
• Cable
• Internet
• Login Credentials

Education + Career

• Transcripts
• Diplomas
• Armed Forces Discharge Papers

Email + Social Media Account(s)

• Address(es)/Password(s)

Recurring Payments/Subscriptions

• Online Shopping (Ex. Amazon)
• Streaming Services (Ex. Hulu, Spotify)
• Grocery (Ex. Costco, HelloFresh)
• Mobile (Ex. Cloud Storage, Apps)

In summary, it is important to make your partner aware of all financial aspects you manage to avoid any potential issues with gaining access to an account, locating important documents, or retrieving specific information. For more details, you can download our fillable checklist through the button below, or watch our webinar recording on this topic. If you have any questions, contact us or learn more about our services.

IMPORTANT DISCLOSURE INFORMATION

• Achiever, Individualization, Strategic, Focus, Learner

Joe Donovan

Tax Shareholder

Joe Donovan, Tax Shareholder, began his career in 2012. Over the past decade, he has built comprehensive expertise in taxation while taking on significant leadership roles. Joe serves on both the board of directors and the Lutz Financial board and contributes to the firm's strategic direction through the tax policy committee. 

Leveraging his knowledge in business and income tax planning, Joe focuses on serving clients in the private equity, construction, real estate, and family office sectors. As a Chartered Advisor in Philanthropy, he provides comprehensive tax and estate planning solutions that align with clients' broader financial goals. Joe thrives on partnering with his clients to boost their business profitability, aiming to be their most trusted advisor not just for tax planning but for general business decisions as well. 

 

At Lutz, Joe exemplifies the firm's commitment to being an expert through his strategic approach to complex tax matters. His dedication to continuous learning and ability to understand each client's unique situation enables him to develop tailored solutions that drive success. As a leader in the firm, he actively contributes to fostering growth and developing the next generation of tax professionals. 

 

Joe lives in Omaha, NE, with his wife Franci and their children Jack, Katie, and Danny. Outside the office, he can be found spending time with family, traveling, and reading. 

402.827.2047

jdonovan@lutz.us

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• Relator, Analytical, Achiever, Deliberative, Futuristic

Erin Baas

Client Advisory Services Director

Erin Baas, Client Advisory Services Director, began her career in 2002. She has developed comprehensive expertise in outsourced accounting and business consulting throughout her time in public accounting. 

Leveraging her expertise in business advisory services, Erin focuses on private physician medical practices and family office administration. She provides comprehensive financial reporting, budgeting, forecasting, and practice benchmarking solutions. Erin values serving as a true business partner to her clients, helping them develop and implement strategies that drive operational success and sustainable growth. 

 

At Lutz, Erin's ability to relate to clients and her deliberative nature make her an exceptional advisor. She builds lasting relationships while taking a thoughtful approach to problem-solving, enabling her to craft solutions that address complex business challenges. 

 

Erin lives in Omaha, NE, with her two children. Outside the office, she can be found running, working out, enjoying the outdoors, and spending time with family. 

402.827.2045

ebaas@lutz.us

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