Additional resources provided by the author
Rule of Thumb:
Assess your own and your parents’ assets regularly. Know what you/they have and sell small amounts of stock and consolidate funds in one or two financial institutions. Check unclaimed property every few years. A little effort now can avoid a lot of inconvenience later.
Many Small Accounts:
I often assist clients in estates where the decedent had a few thousand here and a few thousand there. This makes marshalling and dealing with your estate much more annoying than it needs to be.