NB: Last week, Rocket Lawyer Press invited me to contribute a guest post on an estate planning issue. Below is an excerpt of the article I wrote, as well as a link to the full article on the Rocket Lawyer website.
Are your personal records organized? If your incapacity or death required your loved ones to locate your important personal information, financial papers, estate planning documents and insurance policies, would they know where to look?
Rummaging through someone’s disorganized records is not an enjoyable task in good times, let alone times of grief. So one of the greatest gifts you can give your family is having all your personal and financial records in order so that they can be easily found when needed.
This Personal Information Inventory (pdf), as well as the following tips, will help you get started.
Gather personal Information
Write down your personal information, such as your full name, address, date of birth, and social security number.
Reveal the location of your will, powers of attorney and health care documents. If your documents are located in a safe deposit box, indicate who has access to the box and where the key is located.
If you become incapacitated or die, your employer will probably need to be notified. Indicate where you are employed, your supervisor’s name, and a phone number where he or she can be reached…
Continue reading the rest of the post on Rocket Lawyer by clicking here.