End-of-life planning? Start at the beginning.
- In your estate planning guidebook, start with your final letter of instruction. This tells everybody who reads it what’s most important to you.
- Essential end-of-life items include your powers of attorney for healthcare and property, your personal data and identifying your advisors.
- Don’t forget about your digital legacy after you pass on. Someone must be assigned to handle your digital photos, videos and social media accounts.
Overcoming the fear of failure will help you get through life’s tough transitions faster and more effectively
- Constantly striving for perfection can lead to paralyzing procrastination.
- You can’t make real progress and learn without embracing failure sometimes.
- Involving close friends and family members in your big life transitions will dramatically speed your progress, help you recover from missteps and enable you stay positive.
‘Tis the season to get those important conversations started with your family about money, wealth and estate plans.
- With everyone gathered around, the Holidays are an ideal time to get the family together to discuss money issues—just make sure you do it the right way.
- Three basics that most people need to understand about money are your balance sheet; your assets, and your cash flow.
- Money can be a tough subject to bring up with family because there are so many emotions tied to it.