Greetings!
While gathering with family this Thanksgiving week, we suggest you have a quick financial “show and tell.” It won’t take long.
Show a trusted relative where you keep your important papers, including your will and investment records. Having that information can save hours of headaches in the future. By the way, it is not a good idea to keep your will in your safe deposit box because accessing that box can sometimes take days. Also, shred any copies of old wills. Having them in your files just causes confusion.
Tell your relatives your passwords. Because you have so many, please consider getting a password manager. Then you can tell them where you keep your master password. This is very important as more banking and investment statements are emailed or only available online and are difficult to track down without a paper trail.
Most importantly, show your family your best photos and mementoes from your past and tell them best stories. These are valuable assets you also need to pass on to your family.
Have a great holiday week and enjoy the face-to-face gatherings we can all enjoy again. If we can be any help in the discussions between family members, tell them about us. We are happy to help.
Sincerely,
Cass, Megan, and Bleckley
