Have the Right Documents
It's important to maintain updated versions of financial, legal, healthcare, and insurance documents. Keep track of these items by using a checklist, such as the Documenting the Essentials checklist below, which lists these essential documents, explains each one's importance and captures its current status.
Unexpected illness and death cannot be controlled or predicted; however, talking to your advisor about these important planning steps can provide a greater sense of preparation and control over how important matters will be handled in light of an unplanned event.
Documenting the Essentials Checklist