Misconceptions swirl around the subject of estate planning, resulting in confusion and misunderstanding.
At its very core, what people refer to as “estate planning” is simply a set of instructions. Instructions for who handles things if you become disabled before you die, what to do when you die, and who should do it.
As you know, instructions do not produce a result, and sometimes having incomplete or poor instructions can even cause more frustrations than having no instructions at all. Think back to the “assembly required” item you purchased that provided you a page of instructions with tiny drawings, arrows pointing everywhere, and the text was in a foreign language you didn’t understand. Were you frustrated? But they gave you instructions…!
To produce a desired result people need clear well prepared instructions. Remember, someone will implement and carry out those instructions. Will they be angry and/or frustrated when the time comes to implement your instructions?
To have an estate plan that allows things to go smoothly when the instructions are implemented upon your disability and death, more is needed than just instructions. Investing the time to prepare quality instructions, coordinating your property with the instructions, preparing your loved ones to carry out the instructions, and adjusting the instructions when things change in your life, are all critical elements of an estate plan that will produce the results you want and expect.
If you have questions about effective estate planning, I encourage you to gain more knowledge about available planning options, by visiting www.EstatePlansThatWork.com to sign up for a complimentary educational workshop.
The holiday season is upon us. A time to express appreciation for the people, experiences, and opportunities that enrich our lives. As we take a moment to give thanks and celebrate with our families and our communities – let’s not forget the uniquely valuable small, local businesses that are at the heart of our communities.
In today’s fast-paced world, shopping has never been more convenient with online giants and big-box stores offering rapid delivery and low prices. But, unlike mass retailers, small businesses and local shop owners offer personal relationships, leading to better service and customized recommendations. Whether it’s a handmade candle or boutique clothing, these businesses offer a personal touch that can’t be replicated.
The holiday season is a crucial time for small businesses. Events like “Small Business Saturday” remind us to support the shops that keep our communities vibrant. But it’s important to continue that support throughout the year to ensure these businesses thrive.
This holiday season, when shopping for a gift, a service, or just a little treat for yourself, consider visiting our local businesses first. Every purchase makes a meaningful difference, helping build a stronger, more connected community for everyone.
Happy Thanksgiving,
Dawa