We are all busy, right? We
have things to do, places to visit, and people to see. So, it is understandable
why people do not often think about what would happen in an emergency,
where something happens and you can no longer do things you want, visit the places
you plan, and see the people you want.
While a proper estate plan
cannot avoid these issues, it can leave you better equipped to address these
situations when they arise.
Here are 10 estate planning
questions to get you started. How many of these questions can you answer,
"Yes" to?
1. Have
you appointed a trusted financial decision-maker for financial decisions during
your life?
2. Have
you appointed someone who knows your health care wishes if you cannot
communicate them?
3. Have
you shared your health care desires with your health care decision-maker?
4. Do
your beneficiary designated-assets, reflect your current wishes?
5. Would
someone know how to access your online accounts if they need to access them?
6. If
you wish to avoid the probate process, does your current plan accomplish this?
7. Have
I planned for a potential stay in a nursing home?
8. Have
you shared your wishes with your family, so your desires will be followed upon
your death?
9. Will
your medical records be accessible to your family if they need to view them?
10. Does
your current plan reflect your current wishes?
Proper consideration of
these factors now can avoid needless time, effort, and headaches, for your
loved ones.
Take the first step now and
talk with an estate planning attorney today about putting in place a plan, so
you can answer "Yes" to all ten questions!
