Anyone who has stuck by their family during the passing of a loved one knows just how powerful the ensuing emotional (and financial) tsunami can be. There are many decisions that must be made during a time of grief. This fact of life was recently addressed in a Forbes article titled "Are You Ready For Both Death And Taxes?"
Death taxes aside, death itself presents choices that must be made. You, and you alone, are in the best position to make proper estate plans to preserve and protect not only your assets, but your family, at your passing.
The original article presents a good, better, and best approach. However, what is the best approach? In the end, you know your assets and loved ones better than anyone else.
Doesn't it make sense for you to make proper plans now, rather than later?
Reference: Forbes (August 21, 2012) "Are You Ready For Both Death And Taxes?"