By Bill Monte, CLU, ChFC, CLTC, LTCP, RICP
If you were to fall ill or pass away, would your family members know where to find your important documents? Are your records protected from a fire or flood? Due to illness or natural disaster, many families in 2020 found themselves needing to find insurance paperwork, healthcare proxies, or other important documents in a hurry. Find out how to secure your legal, financial, and tax records and how professional help can get you organized and protected.
Organization And Oversight
Life seems to be a lot more complicated these days. No longer do you just need a will to solve all the legal and financial questions when you pass. In your arsenal of important information, you also have healthcare proxies, insurance policies, and passwords to everything from your email to your online banking accounts to your 401(k). Then there’s the personal information that you want to pass on, but it never comes up in conversation, such as your preferred funeral arrangements or where you have letters for your loved ones filed.
It’s hard to keep track of every moving piece, especially the pieces that need to be changed or updated as life moves on. That’s why we’re happy to introduce you to Sara Mason of Mason Wealth Management Life and Legacy Planning, the only company in Rochester that offers services that help you prepare your family for what to do when you pass. Mason Wealth Management not only walks you through questions and personalized guidebooks to cover all the bases but also provides you with a secure digital vault where all your information will be stored for you and whomever you grant access to.
How many stories have you heard on the news or from your friends where family members had to dig through mounds of paper in the attic or basement just to find their deceased parent’s will? These documents need to be organized in a central repository so that everyone who needs to can find them. Access to valuable information, particularly if something happens to your loved one, is extremely important in today’s complex world. By getting organized when you are still healthy and able, you are giving your family members the greatest gift: peace of mind and less stress so they can spend more time sharing their stories and memories of you.
And if an attorney is involved in any part of your estate planning, this service could save you money. With all your information organized and in one place, you can simply give your legal team the password to your vault so they can easily find what they need.
Help In Getting Your Affairs In Order
Ensuring that your affairs are in order is no simple process. But The Estate, Legacy & Long-Term Care Planning Center of Western NY can guide you in this work alongside Sara Mason and her team. If you have more questions about how you or your older family members can be ready for the end, we are here for you. Contact me at (585) 721-2385 or firstname.lastname@example.org to schedule a free consultation.
Bill Monte is the president of The Estate, Legacy & Long-Term Care Planning Center of Western NY, with 33 years of experience in the financial industry. Bill is the leading legacy, tax-efficient wealth transfer and long-term care planning expert in the area and has helped hundreds of Rochester area residents implement personalized plans that help solidify their legacy and long-term care planning. As an independent financial professional, Bill prides himself on putting his clients first and always working in their best interest, designing plans that are tailored to each person’s specific financial situation and planning objectives. Bill holds multiple professional designations, including Chartered Life Underwriter® (CLU®), Chartered Financial Consultant® (ChFC®), Certification for Long-Term Care (CLTC®), Long-Term Care Professional (LTCP), and Retirement Income Certified Professional (RICP®). To learn more about Bill, connect with him on LinkedIn or schedule a free consultation by contacting him at (585) 721-2385 or email@example.com. You can also register for his recent webinar “How Your Kids Can Inherit Your IRA 100% Tax-Free” here.