Be Prepared - The Unexpected Happens
Things to Think About
It’s not something anyone really likes to talk about, but it’s something we should all understand, regardless of the status of our illness. My boyfriend’s sister passed away recently, very unexpectedly, so it’s brought estate planning to the forefront of my mind. There are lots of ways, both big and small, that you can help prepare your loved ones and/or make it easier for them to take care of things when you pass.
We all know the obvious ones. Talk to an attorney to set up an estate plan or will of some kind. It matters and is not something that should be delayed indefinitely. I know, I know, but no amount of advice from me is any sort of substitute for proper legal counsel.
We all have the common illness of mortality. Don’t want to take the time to make a formal will or don’t know when you will get to it? At the very least, make an easily-accessible, very obvious list of your assets, including all savings, retirement, and insurance accounts, which will help your loved ones find and properly distribute your estate, however small. You can keep all the relevant documents in a fire safe like this one, click here for more information. Include a USB drive, in case there are specific items you have digital copies of. This is also a good place to keep important documents like car titles, passports, and bank account cards.
Consider your burial plans. Do you want to be cremated or buried? Do you have a specific place in mind? Do you have a plot already purchased? Do you want to have a specific song or specific flowers at your memorial service? Do you even WANT a memorial service? These and other questions can help guide you in making a document detailing your wishes, in lieu of or in addition to setting up a legal will. Here are some questions an attorney may ask you to prepare estate documents and they’re ones you should consider yourself, click here for article.
What happens to your social media accounts when you pass away? Well, you have some control over that as well. Facebook allows you to set a Legacy Contact, see more here. that will be given control of your account in the event you pass away. You can also tell Facebook to just delete your account instead of memorializing it, depending on your wishes. Your Legacy Contact will also have the ability to delete your account without knowing your password.
There are certainly other issues we will discuss at later times, such as setting up a medical power of attorney, but this is meant to be a place to start with small tasks you can accomplish quickly.