While many people are reluctant to speak to their loved ones about the tragedy of their own death or disability, much less leave behind such detailed instructions, planning ahead for your own death or illness can prevent much confusion and stress for your loved ones during an already difficult time.
When we discuss estate planning with clients, we always encourage them to plan properly for their own incapacitation or death. There are so many details to consider, including how to convey all the locations of important documents and passwords, contact information for financial and other professionals, investment, liability, and insurance information, as well as numerous special requests and wishes.
Here at CIG, we have a free tool that can help you think through areas of planning that you never realized you'd forgotten. It is a free workbook entitled "Family Love Letter" and is available to all who call in and ask for one. It is not only helpful for understanding the many different areas of necessary planning for those who have not yet started down that path, but also includes many fillable pages with personal information that can be left with loved ones so that they know exactly where to look for all the answers to their questions when the time comes. Please feel free to call our office to have one sent to you today.
If you would like to sit down and discuss your estate planning with a financial professional, feel free to call our office and make an appointment with someone who can help you prepare for your family's future.