Have you Recently Updated your Estate Documents? You might need our Peace of Mind Checklist

Have you Recently Updated your Estate Documents? You might need our Peace of Mind Checklist

September 17, 2020
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This past year has been challenging for most of us and 2020 did not turn out the way that we thought it would. There have been many things that have robbed us of our Peace of Mind. Obviously, one of the biggest factors was the pandemic and the uncertainty surrounding it. It caused many of us to take a step back, pause, and reflect on what really matters in life.

The pandemic caused a lot of us to think about our Estate Plans. We were concerned that the documents we had were insufficient or outdated. Many people used this time to update documents that needed changes. It was a good time to address these issues to ensure that you have properly updated the necessary documents and designations.

Then there were those of us who were reminded of the need to create a Will, Trust, Power of Attorney, etc. This seemed like a good time to start this important step. Making sure that you have all the necessary Estate Documents is a task that we often put off until something triggers us to do it. For many, that event can be a personal illness. For others, it is the illness or death of a loved one. These types of events can cause us to recognize the holes in our own Estate Plans. The pandemic has been a unique wake up call for many, encouraging them to take this important step.

Once you have created your Estate Plan, you need to share it with the people who will one day need to use it. Whether your Estate plan is old, new, or modified, it will not do much good if your loved ones cannot find it when they need it. Have you made sure that your loved ones know how to access the information and legal documentation that they might need if you were to become seriously ill or even pass on?

We know that these are not easy things to think about. Having conversations with your loved ones about serious matters like this can be a challenge. That is why we created a Peace of Mind Checklist as a simple tool for organizing the vital documents in your life.

This checklist will not only direct your loved ones to these important legal documents, it also has a place for you to list contact information for your Financial Advisor, Insurance Agent, Attorney, and others. It allows you to leave instructions to find other important documents such as account statements, Social Security information, insurance policies, and more. It enables you to create one list of all the most important information in your life so your loved ones will be able to access it if they need it.

Want to have the Peace of Mind that comes with completing your checklist?

Click here to download your free copy

Peace of Mind Checklist

Once you fill it out, find a safe place to store it where your loved ones can find it. Share it with those people you think might need it most: your spouse, children, Power of Attorney, the Executor of your will, etc. Be sure to share it in a way that is secure since it includes a comprehensive list of your most important and sensitive documents.

You can also utilize the Vault feature of your Wealth Plan as a safe and secure way to virtually store this important document. If you need help with that, please give us a call and we would be happy to walk you through the steps that you would need to take.

We know that Peace of Mind has been a bit hard to come by lately but, we hope that completing this checklist can help you to find a little more peace in this challenging time.

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.

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