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10 steps for Creating a Smart End-of-Life Plan…. now is the time to get the 2 last steps in place!! Check out the first 8 in my previous blog postings! Don’t wait until the end of your life to do so!!

If the worst were to happen, you wouldn’t want your family to be burdened with financial , legal and logistical problems. These 10 steps will help you get your affairs in order and provide you with the peace of mind of knowing that your wishes are clear and that your loved ones will be taken care of.

Follow my blog for a new step every week!

9.Have a list of professionals, who assist you with your family’ legal and financial affairs (insurance agent, attorney, accountant, etc).

If you need one, contact me for a referral to a highly qualified financial adviser.

Make that master list today and get ready for step 10 (and the final step!) next week!

🙂

10 steps for Creating a Smart End-of-Life Plan…. now is the time to get the 3 last steps in place!! Check out the first 7 in my previous blog postings! Don’t wait until the end of your life to do so!!

If the worst were to happen, you wouldn’t want your family to be burdened with financial , legal and logistical problems. These 10 steps will help you get your affairs in order and provide you with the peace of mind of knowing that your wishes are clear and that your loved ones will be taken care of.

Follow my blog for a new step every week!

8. Specify your final arrangements, such as burial or cremation, where you want to be buried, whether you want to be an organ donor, etc.

 

If you need one, contact me for a referral to a highly qualified financial adviser.

Make that master list today and get ready for step 9 next week!

🙂

10 steps for Creating a Smart End-of-Life Plan…. now is the time to get the 4 last steps in place!! Check out the first 6 in my previous blog postings! Don’t wait until the end of your life to do so!!

If the worst were to happen, you wouldn’t want your family to be burdened with financial , legal and logistical problems. These 10 steps will help you get your affairs in order and provide you with the peace of mind of knowing that your wishes are clear and that your loved ones will be taken care of.

Follow my blog for a new step every week!

7. Specify where important non-financial information and valuables are located, such as marriage certificates, birth certificates, titles/deeds for the house/cars, passports, jewelry, safe deposit box key, items in storage facilities, etc.

If you need one, contact me for a referral to a highly qualified financial adviser.

Make that master list today and get ready for step 8 next week!

🙂

10 steps for Creating a Smart End-of-Life Plan…. now is the time to get the 5 last steps in place!! Check out the first 5 in my previous blog postings! Don’t wait until the end of your life to do so!!

If the worst were to happen, you wouldn’t want your family to be burdened with financial , legal and logistical problems. These 10 steps will help you get your affairs in order and provide you with the peace of mind of knowing that your wishes are clear and that your loved ones will be taken care of.

Follow my blog for a new step every week!

6. Specify where important financial account information is located.  It may sound like an obvious thing to do, but few people keep a list of where important records pertaining to their savings, retirement plans, college-funding plans, mortgage, and insurance reside. Fewer still could name them all quickly in an impromptu quiz. Keep a master list and review it annually.

If you need help finding one, contact me for a referral to a highly qualified financial adviser.

Make that master list today and get ready for step 7 next week!

🙂

10 steps for Creating a Smart End-of-Life Plan…. but don’t wait until the end of your life to do so!!

If the worst were to happen, you wouldn’t want your family to be burdened with financial , legal and logistical problems. These 10 steps will help you get your affairs in order and provide you with the peace of mind of knowing that your wishes are clear and that your loved ones will be taken care of.

Follow my blog over the next 10 weeks for a new step every week!

5. Review beneficiary designations for your various financial accounts, including group and individual benefits like life insurance and 401(k)s. Check annually to ensure those named in your insurance policies and retirement plans are still relevant to your needs and wishes. Many people are under the misconception that if they have a will, they are covered. However, beneficiaries designated in documents generally fall outside the scope of a will, so it is critical that you keep your records updated.

If you need help finding one, contact me for a referral to a highly qualified financial adviser.

Review your documents and beneficiary designations today and get ready for step 6 next week!

🙂

10 steps for Creating a Smart End-of-Life Plan…. but don’t wait until the end of your life to do so!!

If the worst were to happen, you wouldn’t want your family to be burdened with financial , legal and logistical problems. These 10 steps will help you get your affairs in order and provide you with the peace of mind of knowing that your wishes are clear and that your loved ones will be taken care of.

Follow my blog over the next 10 weeks for a new step every week!

4. Have life insurance.  Purchase adequate life insurance for yourself now to help your family avoid financial  pitfalls later. Having the right amount of coverage will help ensure that the dreams you have for your family will be realized even if you’re not there to witness them. Determining how much life insurance to buy can be complicated, so it’s important to seek assistance from a qualified insurance professional.

If you need help finding one, contact me for a referral to a highly qualified financial adviser.

Get insured today and get ready for step 5 next week!

🙂

10 steps for Creating a Smart End-of-Life Plan…. but don’t wait until the end of your life to do so!!

If the worst were to happen, you wouldn’t want your family to be burdened with financial , legal and logistical problems. These 10 steps will help you get your affairs in order and provide you with the peace of mind of knowing that your wishes are clear and that your loved ones will be taken care of.

Follow my blog over the next 10 weeks for a new step every week!

3. Have a power of attorney. You should name your spouse or a close friend or relative to have power of attorney for you. Whoever you designate will be authorized to manage your affairs, typically financial ones, if you’re not able to handle them yourself.

Name one today and get ready for step 4 next week!

🙂

10 steps for Creating a Smart End-of-Life Plan…. but don’t wait until the end of your life to do so!!

If the worst were to happen, you wouldn’t want your family to be burdened with financial , legal and logistical problems. These 10 steps will help you get your affairs in order and provide you with the peace of mind of knowing that your wishes are clear and that your loved ones will be taken care of.

Follow my blog over the next 10 weeks for a new step every week!

2. Have a health care directive (living will). A living will is a medical directive written in advance that sets forth your preference for treatment in the event of your inability to direct care. The document may be drafted to include when the directive should be initiated and who has the decision-making responsibility to withdraw or withhold treatment.

Write one today and get ready for step 3 next week!

🙂

10 steps for Creating a Smart End-of-Life Plan…. but don’t wait until the end of your life to do so!!

If the worst were to happen, you wouldn’t want your family to be burdened with financial , legal and logistical problems. These 10 steps will help you get your affairs in order and provide you with the peace of mind of knowing that your wishes are clear and that your loved ones will be taken care of.

Follow my blog over the next 10 weeks for a new step every week!

1. Have a will and update it periodically. The will designates executors , guardians and trustees. Your executor’s first task is to locate your will, and you can help by keeping the original in a fairly obvious place. A good start is to put your will in an envelope on which you have typed your name and the word “Will”. You should then place the envelope in a fireproof metal box, file cabinet, or home sage. An alternative is to put it in a safe deposit box.

Do this today and get ready for step 2 next week!

🙂

 

How do you take into account your WHOLE life situation when trying to live on a budget…? Start with the 12 steps of the budgeting process:
1. Understand income – where is it coming from, when, and how reguarly
2. Understand expenses – where it goes, when, and how much
3. Set goals – long and short term
4. Understand habits – understand how you and your family handle money and COMMUNICATE
5. Get savings and spending mechanisms in place – establish savings accounts, retirement plans, direct deposits, and special credit cardd to manage individual and family “allowances”
6. Plan income – next month and next 12 months
7. Plan obligations – schedule “must expenses”
8. Plans necessities – estimate necessary items like food and utilities
9. Set aside pocket money – decide on a number for each family member and allow ATM withdrawals to that amount.
10. Plan family allowances – family entertainment, home improvement projects etc. Use a separate credit card for these to better track expenses
11. Plan personal allowances – establish an amount each family member can spend, no questions asked
12. Balance and rebalance – make necessary adjustments and cuts to balance your budget
Stay disciplined and committed by rewarding yourself and family members for good performance and progress toward goals set.

The most important part of setting up your budget based on an holistic approach is to realize that life begins NOW. One of the most limiting beliefs that many of us have is that the person we were yesterday is the person we have to be today…This belief keeps us tied to our past mistakes, habits, and limitations. Your present-moment energy is all you need. The past has no power other than the power we give it…

So, don’t let the past dictate your budget. Your life, your Financial life, is a series of present moments to be experienced, one after another. Yes, your past was important because it was needed to get you into the present. But the past is like the wake – the water left behind when a boat travels on the ocean. It forms a shape BEHIND the boat until it disappears into nothingness. Can the wake drive the boat? Of course not! All of the power of the boat comes from the present-moment energy of the engine. Nothing else.

The past has no power other than the power we give…the PRESENT is just that – a “present”, a gift, to us. It may be helpful to get some professional help – check out my website for more information about how a Financial Coach can help you get started!

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Team-Building/Cross-Cultural Trainer

Team-Building/Cross-Cultural Trainer

Lars Bolin, Team-Building/Cross-Cultural Trainer & Project Management Lite Consultant

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