Are you one of the 55% of American adults who do not have a Last Will and Testament in place? Or did you prepare yours years ago and need to revisit your estate plan? If so, the holidays can be a great time to get your affairs in order.
The end of the year can be a time of reflection, an opportunity to spend quality time with family and those closest to us. The holidays also inspire us to think clearly about our priorities, what is truly most important in life. It can be the perfect time to contemplate some of the central questions that a proper estate plan raises.
Who would you want to make health care decisions for you, or handle your finances, if you suddenly were in a situation that you could not handle them yourself? Who do you trust to be in charge of paying your debts and distributing the assets in your estate after you pass away? Who should take control of your online or social media accounts?