This book is helpful if you:
- Are starting to assist your aging parents
- Are 50+ and thinking about the second half of your life
- Never want to cause your family additional financial stress
- Want to get your financial house in order
Remember that each beneficiary designation dictates the distribution of each account so make sure all of your beneficiary designations are current. Too often we list someone – then, life changes, people pass away, or relationships change, so your beneficiary designations may need to change too.
Too often, people misunderstand and believe that once their will or trust is drafted, that takes care of everything and that beneficiary designations don’t matter because they have it all spelled out in their will or trust. But remember, a beneficiary designation acts like a little mini-will in dictating where each account gets distributed, so the account never references the will or trust for distribution instructions at all on most accounts unless the will or trust is listed as the beneficiary (and that may not be the best practice for tax reasons) or goes through probate because there was no beneficiary listed.
You need to consult your legal advisor for beneficiary designation recommendations – don’t guess!
For more on these chapters and other steps to take before a major life event happens, check out my book the “Before” Financial Checklist: 15 Important Actions to Complete Before the Loss of a Loved One, available on Amazon.
buy on amazon
This book is small but jam-packed with so much useful information if you are over 50, approaching retirement or helping aging parents prepare. There is an easy way to transition and a hard way. This book is a guide to the easy way.
So much great information in this book! It really does take you step-by-step and guides you on how to plan for these unfortunate events. It’s short and sweet but gives you all the information you need, even things you would never think about needing to do. I even purchased a few of them for my friends who are helping their aging parents.
Marie has provided two amazingly simple, but well- defined booklets that answer the BIG questions for many who are anticipating, or have lost a loved one. I found them insightful because they took what felt like giant fears of “unknown tasks,” out of my journey as a new widow.
This is a great guide to addressing all those important details in a loved ones financial history. You will be glad you have this book to help you through it.
This book is helpful if you:
Three Amazing Itty Bitty Financial Organization Books bound into one book.
All the information you need to get your financial house in order is in these three Itty Bitty checklist books – all combined into one book:
A comprehensive step-by-step workbook to promote conversation, express your wishes, ease transition, and protect your survivors when a loved one dies. This 264-page workbook provides over 70 fill-in-the-blank forms to prepare your estate plan before and after the loss. Help protect your survivors so they have all the information necessary to effectuate your estate upon your death.buy from amazon