Don't leave your loved ones behind to make big decisions about your estate while they grieve. Prepare a will today.

I was fortunate enough to have grown up in a household where we talked about money on a regular basis. It was not an untouchable subject, and to this day, I feel comfortable and confident discussing the financial aspects of everything.

I even talk about death, dying, and estate planning regularly. I know it's not glamorous, but the truth is that life will come to an end for all of us someday. So the question becomes, are you and your family ready for it?

In my experience, I have found that those who did not discuss finances at home are the ones who are uncomfortable talking about money and the most ill-prepared for retirement. They possibly lack the proper life insurance coverage, their families may end up with big tax bills, and there are likely no wills or powers of attorney in place. The bottom line: Loved ones end up scrambling to make big decisions, all while grieving. Not an ideal situation in the least.

It is my mission to educate people with basic financial literacy skills. I want to empower people to make informed choices when it comes to their finances. I realize that there are many YouTube videos and books that can teach people about money but do they take into consideration your province or country of residence? Do they examine the tax law structures specific to you? I don't think a YouTube video can tailor an estate plan to your particular situation.

When I cross paths with family members struggling, it breaks my heart because no proper retirement plans were set up. I encourage you to talk about finances with your loved ones. Ask the hard questions: Who will be the executor of the will? How will the estate be divided up? What is the value of the estate? Do you have life insurance to cover funeral expenses? How many bank accounts do you have, and with which banks? Do you have investments, and with whom? 

I know it's going to be uncomfortable but it's better to address these topics today while you still can instead of the day when you're also dealing with grief, loss, and sadness.

I would like to help get you started by offering my FREE Estate Directory document. You can work through the questions and fill in the information with your loved ones, so you can leave this document for them in the event of your passing. 

Talking about money can be difficult but it is important. Knowing some of these answers will make processing profound sorrow more manageable. Click HERE to be redirected to my website to receive my Free Estate Directory so you can get started today!

Alynn Godfroy, Financial Retirement Specialist