Thursday, May 8, 2014

Three Most Important Questions To Ask Before Planning Your Estate

Even though it may seem too early in your life to start estate planning, you still need to consider it in the future. Where do you start? Do you have a trusted estate planning lawyer in your life? The following article asks the three most important questions you have to ask before starting on the road to estate planning.

2. Does my spouse know where all our accounts are located and how to access them? The surviving spouse will need to access money immediately to cover funeral expenses. There may also be hospital bills, and, of course, all of the normal expenses that come with everyday life. Your spouse won't have time to search high and low trying to figure out where the accounts are located or how they can access money. If you can't answer "yes" to this question, you need to make sure your loved ones know where to find this information so as to avoid unnecessary confusion later.

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