Why You MUST Make Estate Planning & Preparation a Priority!
If the unthinkable happens, you don’t want your family to be left making lots of tough decisions, so that’s why estate planning preparation is so important. You want to make sure your affairs are in order to make things less stressful for your loved ones.
What Exactly is Estate Planning Preparation?
Estate planning preparation outlines how a person’s assets will be managed and distributed after death. Here at My LifeJars, we're sure you understand how important it is to get your affairs in order before you die.
If you're like most, you really DO have every intention on getting this done.
You know... Just in case of an unforeseen tragedy.
However, you're probably putting it off until you have some extra time on in you schedule. Which, by the way, in our experience never happens unless you make time! On this page we are giving EVERYTHING you need to know to sit down and GET IT DONE!
Before you continue reading, make a promise to yourself that you are going to use the FREE tools & resources provided below to get your affairs in order by the end of THIS WEEK!
A few of the key pieces involved in estate planning & preparation include:
Use this Checklist
As you can see, a lot goes into estate planning preparation. We realize it can get a bit overwhelming. However, if you follow this checklist, you'll be sure you have everything covered. AND... we'll give you some tips further down this page on how to keep it all organized, safe and secure!
Why Is Estate Planning Preparation So Important?
We understand that thinking about dying and planning for life after your death are not fun things to consider. However, it’s so important to plan ahead and protect yourself and your family. You don’t want to cause extra stress by not having done your estate planning preparation ahead of time.
Here are 4 reasons why estate planning preparation is important:
- 1Protects your beneficiaries - If you don’t have a plan in place, the court can decide who gets your assets. Wouldn’t you rather put your wishes in writing and make sure your loved ones get the items you want them to have?
- 2Protects your children - It’s important to have a last will and testament and name guardians for your young children. You don’t want a court deciding who will raise your children. Make sure you make that choice. -It’s important to have a last will and testament and name guardians for your young children. You don’t want a court deciding who will raise your children. Make sure you make that choice.
- 3Eliminates big tax fees - Estate planning preparation is key to helping protect your heirs from fees from the IRS. Having a plan in place lessens the amount of taxes your loved ones would have to pay.
- 4Prevents family fights - If you have everything spelled out in your estate plan, there is no wiggle room. You clearly tell your family who you want to inherit what, and this can eliminate the need for fights over your assets.
#EstatePlanning can get a bit overwhelming. However, if you follow the My LifeJars #checklist, you'll be sure you have everything covered. AND... we even give you some tips on how to keep it all organized, safe, & secure! #mylifejars
How to Choose the Right Lawyer
As you probably already know, there are all kinds of attorneys out there. It’s important to choose the right one to help you with your estate planning preparation. You want someone who specializes in estate planning, which will ensure they know everything you need to do to protect yourself and your family.
Here are some of our best tips on how to pick the right estate planning preparation lawyer:
Storing Your Estate Planning Preparation Documents In One Place
As much as we don’t like to think about dying, it’s important to make sure everything is in order for the family we leave behind. That’s where we step in to help. My LifeJars offers you a safe and secure online place to store everything your family needs when you’re no longer with them.
Our app is the perfect place to organize and share all of your important estate planning preparation documents, like your last will and testament, your advance care directive, your health care proxy, your enduring power of attorney, and your enduring guardian. We make it simple for you to give access to all the people who will need this information in the future.
What Are the Benefits of My LifeJars?
My LifeJars offers a basic account that is free forever and never expires, as long as you are active and assign a My LifeJars Guardian.
With this basic account store 24 memories, 24 things, 16 passwords upload file sizes up to 10MB and access 2GB of data storage. Create a life profile for yourself as well as for 4 other family members or friends and 4 legacies.
Only switch to a Gold paid account if you want to add unlimited memories, things & passwords, unlimited life profiles & legacies, upload file sizes up to 500MB including videos and store 200GB of data across all the profiles and legacies you create.
The My LifeJars app offers the following benefits: