What if your tomorrow doesn’t arrive? Or your tomorrow reveals that tomorrows are in short supply?
How do you prepare?
For those who have lost a family member the emotions of loss may fill your heart even reading this article. For those who have settled an estate the emotions may be quite different.
Having a plan in place for death is as important as having a plan in place for life. What happens when you are no longer here to direct actions? Are the people you care about aware of your wishes? Have you completed the planning to ensure a smooth transition for your survivors when you are no longer here?
There is more to estate planning than preparing your documents. It is preparing for the process. Don’t leave it to others. Here are a few items to consider:
· Can they find your estate documents (assuming they are completed)?
· Are they current to address your present circumstances?
· Are they clear to understand?
· Do they know how to divide belongings?
· Do they know where to find your digital passwords?
· Do they know where to find a list of your financial accounts?
· Do they know where to find your personal papers such as birth certificate?
· Have you prepared your heirs for the expected outcome of your death?
· Have you provided your expectations?
· Have you reviewed your plan to ensure avoidance of probate, minimize heir disputes, and provide for a smooth transition to your final resting place?
· Do you have professional guidance beyond your estate attorney?
It may be time to take the steps to plan for your final transition. We can help you prepare planning for now and later. Call today.
Read more articles by Renee Hanson