Are your records organized? If something were to happen to you, would it be easy for loved ones to take over your affairs or settle your estate? Would they know where to find all your necessary healthcare information, legal documents, passwords, and PINs? Would they know how bills are paid and how sources of income are credited to your bank account?
Not to worry. Every January, we conduct a workshop called Life in a Box. We give you a step-by-step approach to gather all relevant records, so they are all contained or referenced in one fire-resistant box. We will conduct the 2025 workshop by webinar at noon on Wednesday, January 29th. For further information and reservations, please call 334.270.1672 or email sarah@moorewealthmanagement.com. If you miss the webinar, there will be a recorded version available. In addition, we offer free consultations without obligation.
The ten categories that we cover in detail include healthcare, estate planning, tax records, investments and bank accounts, liabilities, insurance, military records, personal identification documentation, deed and similar documents, and a miscellaneous one that covers pet information, house maintenance, etc.
In addition, we go over what to keep where, for example, in a safe deposit box, fire-resistant box at home, in a file cabinet or with your attorney or financial advisor. For example, it is not advisable to keep the original of your will in your safe deposit box and we will tell you why. Another example is your passport. A copy of your passport should be kept in the safe deposit box, but not the original, and we will tell you why.
We also go over ways to manage technology. If something were to happen to you, loved ones need to be able to access electronic as well as paper records. To do so, they need to know passwords and PINs. We go over electronic means to store passwords and PINs so loved ones can access them in an emergency and help protect you from identity theft.
Make one of your New Year’s resolutions to get your records organized. Our webinar and proprietary method are designed to help you get your Life in a Box organized. We make it so once organized, it!
Susan Clayton Moore, J.D., is a financial advisor and wealth manager of Moore Wealth Management, Inc., with offices Montgomery and Alexander City, AL. Susan has under advisement over $150 million (as of 9.1.24) in brokerage and advisory assets through Kestra Financial and has been a financial planner for over 40 years. Contact Susan at 334.270.1672. Email contact is susan@moorewealthmanagement.com.
The opinions expressed in this commentary are those of the author and may not necessarily reflect those held by Kestra Investment Services, LLC or Kestra Advisory Services, LLC. This is for general information only and is not intended to provide specific investment advice or recommendations for any individual. It is suggested that you consult your financial professional, attorney or tax advisor regarding your individual situation. Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment Advisory Services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. Kestra IS or Kestra AS are not affiliated with Moore Wealth Management, Inc. https://www.kestrafinancial.com/disclosures