Proverbs 21:5, “The plans of the diligent lead surely to abundance, but everyone who is hasty comes only to poverty.”
With a New Year here and plenty of uncertainties looming over the coming weeks and months, now is an appropriate time to take stock of present realities in our personal lives, including financial and legal realities. Doing so will show us to be diligent stewards of the time, property and relationships God has entrusted to us. It also tends to give us peace of mind by reassuring us that the foundations we’ve built in many areas of our life will be stable enough to benefit future generations.
With all of that in mind, make the time this month to check on the following five issues to be sure there aren’t steps that need to be taken in the very near future to prepare our affairs for ourselves to manage, or for others to manage in our absence.
Are Important Papers Accessible to Our Chosen Representatives?
Whether we have taken the time to prepare an estate plan or not is completely irrelevant if those we love and trust cannot locate our documents in the event of our departure. In order to equip our executors to act in our absence, documents must be updated, organized and stored in a way that they will understand without us present to find and explain t ...