Estate Planning: Download a Free Financial & Legal Records Book

7 years ago
This article was written by a member of the SheKnows Community. It has not been edited, vetted or reviewed by our editorial staff, and any opinions expressed herein are the writer’s own.

Lists and estate planning Lists Upon Lists

We prepare to-do lists, lists of goals, grocery lists, lists for our spouses and children; we make notes about books to read, movies to watch, cards to send, emails to write and people to call; we plan for the future with financial accounts and legal documents. With our post-its, index cards, emails, notes scrawled on snippits of papers, notebooks full of various scribblings and filed, signed legal documents, we leave a path of paper trailing behind us.

Confidential Information

And yet, quite possibly, there is still some information you have never recorded in ink; or at least where anyone can find it. Information you are told over and over should be unwritten, kept in a safe place, confidential, better yet, just stored in your brain: passwords, account numbers and PINs.

So what happens when you die and all of your accounts, whether financial, social networking or any other, are unreachable and/or unidentified by your significant other, child, executor or trustee? This could pose real problems for your spouse or children, etc.

A Safe Place

The trick is to record all passwords, account information, PINs and the location of all other records, accounts and information that is important for someone to know in the event of your death in a safe place. It's possible, you have some accounts your family doesn't even know about. When you are gone, you want to make it as simple as possible for your family members to sort through your information and retrieve, close, transfer, notify, etc. all accounts.

Financial and Legal Records Book

Here's how to do this, without sharing this information with everyone before your passing:

My dad is a financial planner. Several years ago, he came up with this document that he provides to his clients to help them get their affairs in order. You can download it, print it, fill it out in pencil {for changing information later}, put it in a notebook or folder and put it in a safe place.

This document works only if you actually fill in the information and keep it up to date. Information changes; my dad recommends that each year, perhaps your birthday or the beginning of the new year, etc. you sit down and go through this information to check if there is anything you need to add or change.

Remember to put it in a safe place that is not accessible to others. You could choose to have your attorney or other agent keep it with your legal documents or keep it in a safe deposit box, safe, etc. Tell one or two trusted friends or family members where you keep this information so that it can be retrieved when you are deceased.

Click here to download the Financial and Legal Records Book

The Scoop

I am offering this book free to my readers through Friday, April 1, 2011. After that, I will take the link down. If you would like a copy of the Financial and Legal Records Book after April 1, 2011, you can contact me by email at motherlylaw@yahoo.com. Over and out....

Anna

You might also like:

Putting All the Pieces Together: Ways You Can Support Autism Awareness, Plus a Supplementary Estate Planning Document

April Showers Bring May Flowers: Estate Planning You Do Now Will Benefit Your Special Needs Child Later; Plus Supporting Autism Awareness Month

Death and Johnny Cash: Tips for Getting Your Estate in Order

www.MotherlyLaw.com

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