Why is an estate plan important?

Why document organization is important for your estate plan

Planning your legacy can be complex. It’s important to look at all the different factors including your digital legacy. Keeping your documents organized will help the key people in your life gain access to important information after you pass. 

This infographic shows you some of the advantages keeping organized can have for your estate plan.

Life is unpredictable: Be prepared.

The best way to prepare for the uncertainties of life is to plan ahead. It’s much easier (and less stressful) to make big decisions when you’re not in a crisis.

Conversations can be challenging to remember in difficult times.

Write down everything your loved ones and executors will need to know in the event of your passing or incapacitation and store it in an easy-to-find place. While you may have shared your wishes with them in the past, those conversations may be difficult to remember during stressful times.

Important documents are only helpful if they are easy to find.

It doesn’t matter how detailed your important documents are if no one can find them. Your loved ones and executors shouldn’t have to go on a treasure hunt to find all your documents if you’re not around or unable to tell them where they are.

Change is the only constant in life.

Part of being organized is updating your important documents to reflect changes in your life. Your meticulously crafted documents could be unusable if they’re outdated and include people who aren’t in your life anymore.

Your way of organizing doesn’t always make sense to others.

Your organizational system may make sense to you but it’s important that your loved ones and executors can figure it out on their own. Using a digital platform ensures your documents are easy to find and they stay organized in an intuitive, user-friendly interface.

Staying organized saves your executors time and money.

Easy to find, well-organized documents don’t just make life easier for your loved ones and executors; it saves them time and money by expediting the often lengthy estate settlement process. 

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