When we think of February, we think of LOVE, of course – flowers, chocolates, dinners with loved ones. February is also a great time to think about the security of your loved ones and the legacy you will leave for them. Choosing even just one task to accomplish in order to be better prepared for your future is a great way to show your love! You could gather a list of your digital accounts and passwords. You could write a letter informing your loved ones of critical information they’d need in case of an emergency. You could look into purchasing a burial plot or review your life insurance information. Preparing doesn’t have to be overwhelming if you tackle one task at a time. For more ideas, take a look at this gallery:
Estate Planning Tasks to Tackle This Month
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Probate of Estates
Probate is the legal process of distributing the assets and estate of a deceased person. This includes resolving all probate property issues like taxes, insurance, title, and paying creditors for any outstanding money owed by the deceased.
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