AgentMichelle Broadbent
AgentMichelle Broadbent
What If Tomorrow Never Came?
Life comes with no guarantees – we have no idea what tomorrow will bring. If you never made it home tonight, the best gift you could leave your family is an organized estate. Besides ensuring your wishes will be carried out, it relieves your loved ones of the tremendous stress of trying to decide what you would have wanted. Talk about your plans with your loved ones and the executor of your will.
An estate plan should have several key components. This includes a will, a living will, a durable power of attorney, wishes for final arrangements and life insurance. We encourage you to stop by our office and pick up a free estate planning personalized workbook to assist you through this process.
Create or update your will. This allows you to decide what happens to your possessions, money and guardianship of your minor children if you die. A living will outlines the medical steps you would want taken if you become too ill to make those decisions for yourself. A power of attorney will allow you to appoint someone to make decisions on your behalf if you become incapacitated.
Discussing your wishes for the final arrangements upon your death can relieve your family of an immense burden.
Finally, think of a life insurance policy as a promise you make to your loved ones. If you are not there, they will still have the freedom to make decisions in the best interest of the family while avoiding financial hardship. Your family’ s financial situation shouldn’ t have to dramatically change because you passed away.
Christina Louise Photography
I recommend a summary of your finances and other key items. Keep these important details in a designated area and include a summary of what you have in place and with whom. This includes lawyer, accountant, insurance, bank and bill information. This costs you nothing. Let your loved ones and / or your executor know where your designated area is.
Having a plan is one of the greatest gifts you can give your loved ones. You free them up to grieve and celebrate your amazing life and help ensure your assets are protected and your dreams for them are secure.
Agent MICHELLE BROADBENT
State Farm Insurance 3523 Tudor Glen Market St Albert AB T8N3V4 Phone 780.470.3276 michelle. broadbent. pymv @ statefarm. com www. michellebroadbent. com www. facebook. com / MichelleBroadbentStateFarmAgent
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