If it's just because you have to bear the subject of mortality, then real estate planning is something that no one really wants to deal with. Given that we have developed a rather melancholy and unhealthy mentality at the end of our lives, it is safe to say that most people try to avoid talking about death, just like death. This is not an easy topic to ask, and it will certainly not be easy to discuss how to dissolve your marriage after your marriage. More importantly, the theme of estate planning is even more difficult when it comes to your financial situation, because it involuntarily faces some serious numbers.
This is so bad that many people tend to face their final financial plans to show what they have achieved in their lives. People need to pay attention to the fact that they have developed a plan to benefit their families after you left. They should be allowed to grieve, and proper estate planning completes this task.
Here are five secrets to successful estate planning [in fact, this is just common sense]:
1. Draft Will - Laughing at your simple version will not cost too much, at least the process of what happens when you pass.
2. Command executor - As the title suggests, this is the person who handles all aspects of your property. You want someone you can trust, but you also want someone who you know to do a good job.
3. The Will to Live - Life will scare many people because it will expose you to the possibility that you will either experience a serious accident or you will not be able to communicate with the people around you at the end of your life. The main court cases and protracted family dramas come from the fact that life will not be available, and everyone is scrambling to know what you think can be done for you. It will become confusing.
4. Update your wishes - Not only do you need to start planning your legacy, but you also need to review the documentation at least once a year. Any changes that may occur, such as major life events [ie death, marriage, etc.], may change the content of your will, so it is worthwhile to check the will on a regular basis.
5. Communicate - Before you pass, finally read your will, of course, before you can communicate with your loved ones, you need to keep communication open so that you can tell everyone what plans you have and #39. Reproduction Yes, your will is a legal record file, but if you have a problem with your intent, you should at least let everyone know what you need.
Estate planning is not an interesting time. However, don't treat this as a dull "to do", but treat it as another note in your daily plan. This is a rather provocative moment in adulthood. Everyone must understand that the most important thing they will do when you are delivered is to help their families. But this is not the way to end the life; it is more like a symbol of your unwavering focus.
Orignal From: Five secrets of successful estate planning
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