|There has been a lot of concentration lately on the UK trying to achieve a smooth exit from the European Union. It has made me think about how I can achieve a smooth exit from this life! Don’t get me wrong, I am in no hurry to leave, as I wasn’t with the EU.
I started my career in financial planning with Imperial Life Assurance Company of Canada, based at their Cardiff branch. Many of the things I was taught have stood me in good stead over the years.
One of the things I was taught early on was that when I went home at night I had to leave my desk in such a state that if I never returned to the office for whatever reason, a colleague could pick up the client work, and indeed everything else, from where I left off.
We should have the same attitude towards our financial affairs. Who would be responsible for picking up our finances where we left off if we made a sudden exit from this world? Who would pick them up if we lost the capacity to deal with our finances through a serious accident or illness? What I am suggesting is that we leave them a simple document which I prefer to call ‘My Important Stuff‘.
If we can make the transition less troublesome for those of our loved ones who have to pick things up when we can no longer do so, then that is something worth putting in place. The quiet time between Christmas and the New Year is just the time to do it.
|My Important Stuff
I have set up some steps to help you create your own My Important Stuff document and you will find them at https://usefulmoneyguide.uk/your-important-stuff/
You will also find a copy of the proforma which I created to make my own My Important Stuff in case that is of help to you in getting started.
Get it done now and you can then get on with living a full life.
|A wise man thinks ahead; a fool doesn’t and even brags about it!
Proverbs 13: 16 Living Bible