Consumer Action Law Centre’s Post

Putting together an Estate Plan can be a bit overwhelming! However, by gathering these 10 pieces of information and documents... and with a little help from KMA... things start to look a little clearer. 1. Last Will & Testament 2. Revocable Living Trust 3. Beneficiary designations 4. Advance Healthcare Directive 5. Financial Power of Attorney 6. Insurance policies/financial information 7. Proof of identity documents 8. Titles and property deeds 9. Digital logins and passwords 10. Funeral Instructions Give us a call! #EstatePlanningAttorney #ElderLaw

Is your wealth distribution upon death according to your wishes? Will you still have control years after death? Do you know if you are leaving assets or liabilities to your beneficiaries? If they will be receiving assets, do your children have the ability and sense of responsibility to handle all the assets at 21 years old, especially with insurance payouts in millions of dollars? Are there areas of contention in your estate planning, where your gift becomes the source of legal fighting? How do you keep your wishes private and confidential? Come and join the upcoming Mensa talk on legacy planning and find out more. You may pm me to register!

‼️ The 'Dear CEO' letter recently sent to the CEOs of all regulated Funeral Plan providers makes for very interesting reading. It was always going to be a challenging time for those firms that made it through the authorisation process, and perfection couldn't be expected in just over a year since the FCA took on oversight. The main takeaways are broadly fine, but what always bother me though with these FCA communications, is the general tone. So much talk of 'concerns', 'risks', 'harm', 'taking action', 'interventions' etc. Maybe I'm being naïve here, but wouldn't it make for a better market if the regulator took on a more optimistic, positive, encouraging tone? Anyway, if you need a copy of the letter, or a copy of a condensed brief, please get in touch. #funeralplans #laterlife #regulation #consumeroutcomes #positivity