The Most Important Financial Decision to Make Right Now
Last week we reviewed how crucial it is to have your medical affairs in order, now more than ever. This week I want to consider the implications and importance of financial decisions in these peculiar times.
Getting your financial affairs in order is not just for the wealthy. Don’t be too hasty. This is for you too. All of us need to worry about making specific plans for our assets. Do you have a retirement account or 401(k)? Do you have jewelry, artwork, furniture? What about cryptocurrency? What happens with your social media accounts? In the event of your incapacity or death, your family members won’t know where to look for what you have, or how to access it, unless you’ve planned for that ahead of time.
There is in excess of $1.5 Billion (with a B) of unclaimed property in Arizona! This is money or property that some may have overlooked or forgotten that they had. Their heirs didn’t know where to look and the person who left the property did not properly designate who should get the property. Don’t let this happen to you and your family. It is extra important that you create a “personal resource map” to tell your loved ones where everything is and how they should move forward according to your wishes.
To help you make your own personal resource map, and to help your parents make theirs, you can go to The Personal Resource Map or call us direct and we’ll walk you through it.
This article is a service of Truest Law. We don’t just draft documents; we ensure you make informed and empowered decisions about life and death, for yourself and the people you love. That’s why we offer a Family Wealth Planning Session,™ during which you will get more financially organized than you’ve ever been before, and make all the best choices for the people you love. You can begin by scheduling online at Truest Law or by calling our office at 480-949-6500 today to schedule a Family Wealth Planning Session and mention this article to find out how to get this $750 session at no charge
Ready to talk with us about how you can keep your family out of court or out of conflict when something happens to you.
Or, maybe you are the family member or close friend of a loved one, and something has happened and now you need advice. If so, our hearts are with you, and we will do our best to help you keep things as easeful as possible.
There are three options for you to get our support. Choose the one that’s best for you:
- Schedule Free 15-Minute Phone Consultation
- Schedule 2-Hour Family Wealth Planning Session
- Schedule 2-Hours Existing Estate Plan Review