Growing older can bring many positives to your life: often you’re more financially stable. You’ve learned about what you like and what you don’t, and you aren’t afraid to speak up about it. You may have children and grandchildren you enjoy. You’ve seen more of life and of the world. But as with most things, there are two sides to every story. Growing older can also have some negatives, and that’s one of the most significant reasons to create a plan.
There is a comprehensive booklet from Transamerica, Guide to Guardianship, Powers of Attorney, and Advanced Healthcare Directives. If you’ve put together a full estate plan, you already know why this is so important; forward this email to friends and family instead. But if you haven’t, take a look – it could be critical to your future or even a family member’s.
When an adult doesn’t think ahead and document their wishes for finances, assets, healthcare and other important living criteria, it can lead to others making those decisions for them. In general, no one is going to make better arrangements for you and your life than you can yourself. But all too often, we neglect our estate planning, leaving our loved ones to guess at what we wanted or would have thought best for ourselves. It’s unnecessary and easily preventable.
If you haven’t yet documented your estate plans let’s connect soon to get it done and off the list. If you have, it’s a good idea to sit down every couple of years and make sure your plans still reflect your situation and your wishes. Either way, let’s find a time to touch base.