Is Your “House” in Order?

Are you prepared for the unexpected?

Many years ago, the Ohio Dental Association came up with a “survival kit” to help spouses whose dentist spouses had passed away (many times suddenly). They found most had no idea what was involved, who was involved, where the money was, and it created quite a mess.

When my brother passed away at the age of 41, I had a spouse and two young children and imagined what a financial (and emotional) mess it would be if something unexpected happened to me.

So, at the ripe old age of 30, I had an attorney prepare my:

• Last Will and Testament
• Revocable Trusts
• Financial Durable Power of Attorney
• Durable Power of Attorney for Health Care and Living Will Declaration

I have updated these every 4-5 years or if any major law change occurs.

This is a must that many people don’t have that will help a great deal when the time comes.

Action Step for You: Put your house in order in these areas. If you need the name of an excellent attorney that has been my advisor since the beginning, please contact me.

Break your goals down into segments, and set target dates for completing each segment. Learn how here.