No one ever plans to be sick or disabled yet planning for such an emergency can make all the difference. Do you have such a plan? Do you know where your important papers are located?
No one ever plans to be sick or disabled yet planning for such an emergency can make all the difference. Do you have such a plan? Do you know where your important papers are located?
Chances are you have your phone with you more often than you carry your wallet. There are five photos that you should keep on your phone, just in case:
You’ve taken care of all your estate planning and have a health care proxy, power of attorney, and executor of your estate. Bravo! However, your estate planning really shouldn’t end when you write your will.
Consider this: what if the unspeakable happens and you are incapacitated or die. Does your health care proxy know how you want to be cared for? Do you want to be kept on life support, and if so, under what circumstances should life support be continued or terminated? Does your power of attorney know where you keep your important papers? Does your executor know where to find your will and, if you have any, trust documents?
Have you ever misplaced something, often a precious item or something you are on a deadline to retrieve, only to finally find it, thanking your lucky stars? Did you keep on looking for it once located? Of course not! You stopped, likely relieved beyond measure, swearing this would ‘never’ happen to you again, right?
If you are like most people, admit it now: you have a file folder/drawer/bin called, “Miscellaneous”. Heck, you may also have a folder on your computer with the same name.
Murder “Miss Eleni S”. Get rid of it. Now. It is dangerous… so much so that you need to kill it.
Why? Because it’s too easy to dump everything into MISCELLANEOUS because, well, MISCELLANEOUS covers anything and everything. It Is akin to not putting things away. Find some common way to categorize the information or objects and sort them into those said categories.