What's Included in the Will
& Estate Planning Inventory Kit?
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Given the pace of our lives, each of us tend to take for granted that
we will be around forever and that even if we are not, our heirs and successors
will be quite capable of handling and taking care of all the details.
That kind of thought is definitely not being considerate or fair to them
because even if the designated person lived with someone and followed
them around every hour of every day, they would still not know everything
about their personal business. Each day throughout North America and the
world, people make Wills and hide them along with pertinent letters, documents,
jewellery, money, keys, and many other items they consider “personal”,
“private” or “confidential”. Whatever the reasons,
these persons don’t want friends, family members – even a
spouse or significant other – to know about them until a given point
in time. Until then they are the only ones to know where these things
are located. Some information/documents may be entrusted to a lawyer,
some put in a bank safe deposit box, a personal ‘strong-box’
or a safe (and only they know the combination or where it and the keys
are kept!). Other information/documents may be put in a ‘special’
drawer, cupboard, or closet – perhaps even under a mattress.
Therefore, the legitimate question must be asked: what happens when someone
becomes ill, disabled, incapacitated – or dies? Will the spouse,
family, lawyer or executor know where to find the necessary documents
and records as well as precious and vital items? Who will have the challenge
and task of locating all these important and valuable things – and
how long will it take? Had this information been recorded by using the
Will and Estate Planning Inventory Kit, put in an envelope and given to
a trusted individual, just think how much easier, faster and cheaper the
search would be.
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