Ensuring Tomorrow: Wrapping Up the Six Estate Planning Resolutions for 2024

As we bid farewell to the year 2023, it's time to put the finishing touches on our journey through the Six Estate Planning Resolutions. Over the course of this series, we've delved into essential aspects of estate planning, from safeguarding your health decisions to ensuring your digital footprint is well-managed. Let's take a moment to recap the key resolutions and celebrate the strides you've made towards building a robust foundation for your family's future.

Resolution #1 - Make a Living Will: Our series kicked off with a fundamental resolution – making a living will. By outlining your medical preferences and end-of-life decisions, you've empowered yourself and your loved ones to navigate difficult healthcare choices with clarity and respect for your wishes. A living will ensures that your voice is heard, even in the face of unforeseen circumstances.

Resolution #2 - Establish a Power of Attorney (POA): In our second installment, we emphasized the importance of designating a trusted individual with power of attorney. By doing so, you've appointed someone to act on your behalf in financial, legal, and medical matters if you're unable to make decisions yourself. This resolution not only protects your interests but also streamlines decision-making during challenging times.

Resolution #3 - Review Your Beneficiaries and Assets: Ensuring that your beneficiaries and assets align with your current wishes is paramount. Resolution three prompted you to review and update this information regularly, guaranteeing that your loved ones receive the intended benefits and that your estate distribution aligns with your values and priorities.

Resolution #4 - Organize Your Digital Information: In an increasingly digital world, safeguarding your online presence is a must. Our fourth resolution encouraged you to organize and secure your digital information, including passwords, accounts, and other essential data. This step not only protects your assets but also facilitates a smoother transition for your loved ones in managing your digital legacy.

Resolution #5 - Review Your Estate Plan with Your Loved Ones: Communication is key in any successful estate plan. Resolution five emphasized the importance of discussing your plans with your loved ones, ensuring that everyone is on the same page. Open and transparent conversations foster understanding, prevent disputes, and provide peace of mind for both you and your family.

Resolution #6 - Make an Estate Plan if You Don’t Already Have One: Our final resolution was a call to action for those who hadn't yet embarked on the estate planning journey. By crafting a comprehensive estate plan, you've laid the groundwork for a secure future, protecting your assets, and simplifying matters for your loved ones in the event of incapacity or death.

As we conclude this series, pat yourself on the back for taking proactive steps towards securing your legacy. Estate planning is not a one-time event but a dynamic process that should evolve with your life. Your commitment to these resolutions demonstrates a profound dedication to the well-being of your family. We hope that 2024 and all of your years to come are filled with the peace of mind that comes from knowing you've taken the necessary steps to ensure a smooth and secure future for your loved ones. Here's to a legacy well-planned and a future well-protected!

Happy New Year and Cheers to 2024! 

-Robert Goldberg

Robert Goldberg & Associates

770-229-5729