Four Key Questions that Will Have
a Huge Impact on Your
Financial Future
As you age, it's important to
keep your finances in order
so that if the unexpected
happens, your assets will
be handled in the way you
choose.
Failing to plan now can
create confusion and
financial burdens for those
involved in your estate
planning. Make sure you
know your answers to the
following questions and take
any steps you've missed to
make sure your financial
future is secure.
1.Are your powers of
attorney up to date?
Have you chosen a financial
power of attorney and a
medical power of attorney?
Have you created a living
will? Life events like
births, marriages, divorces,
retirement and death can
change what you want to do
with your money and who
you want to be involved so
check that the agents you
have listed are still who you
would like to fill those
positions. Also make sure
that you've listed appropriate
substitutes.
2.Have you established
your estate plan with the
correct legal documents?
If you already have estate
planning documents, good
for you! Working with a pro-
fessional to create a will and/
or trust is the best way to
ensure that your wishes will
be honored if something hap-
pens to you.
