Three Things To Do Now For Your Loved Ones

We are well on our way in 2019, but there’s still time to decide to do things differently than we’ve done in the past.  There’s still time to purpose in our hearts to do those important things we’ve been putting off doing, because the time isn’t right (there’s no time like the present), or because we just don’t have enough time (we make time for the things that are important to us).  While we have our health and mental abilities, now is the time to protect and provide for our loved ones, and although it is difficult to think about, we will become sick or die at some point, and we owe it to ourselves and our families to plan for these times. Here are three things we can do to get started.

  1.  Get organized.  It is important that all of your legal documents and other important paperwork are organized and assembled in one place and you let your family know where they can find them. Also give them the key to your safe deposit box and all your password information to access online accounts, like email, Facebook, etc.
  2.  Make a plan.   The purpose of Estate Planning is to give you the tools to manage your affairs if you ever are unable to. These tools include a Will, Trust, Power of Attorney, Health Care Directive, Personal Care Plan (Living Will), and if you have kids, a Child Care Plan. You can also make your final arrangements and decide on whether you want to be cremated or buried, and let your loved ones know, so they won’t have to make that decision.  And consider pre-paying for your funeral expenses, so they won’t have to.
  3. Leave your legacy. Lastly, consider passing on more than just your money and assets when your gone; leave behind, in written or recorded form, your traditions, values, and experiences for the next generation.

If you are interested in getting organized and creating a plan, call me today to schedule your free Estate Planning Strategy Session.