After we now have passed Chinese New Year, it’s a great time to check in with yourself on how you are doing with your New Year’s resolutions. You would not be alone if you haven’t stuck with them as much as you would have liked to – studies have shown most individuals don’t keep their resolutions for the entire year, and some don’t make it past the beginning of February.
But before you say, “well there’s always next year” you can always start over, in fact, there are more and more individuals waiting until February to start their resolutions, using January to gather information or resources and make a concrete plan.
One resolution it’s never too late to start on is planning for your future. Making sure you have an up to date estate plan in place can save you and your loved one’s time, money, and frustration down the road.
Who – The people in your plan who will
Here are a few easy steps to get started:
What – The possessions in your plan
How – The documents that contain the details of your plan
Where – The place to find this information
When – Make a resolution in 2019 to create or update your plan
Why – Unique to the individual
If you want to start your planning, you can reach me at (248) 409-0256. We offer a free initial consultation to learn more about our process.