Once documents have been prepared and signed, it is crucial that communication between you and your chosen emergency contacts know where to find these documents. It is recommended that a comprehensive folder of documents be created and easy to access in the case of an emergency.
Planning ahead for your own death is a difficult step to take because no one wants to believe it can happen to them; but it will happen. By giving some careful thought to your goals for your beneficiaries, you will be confident that you are really protecting what matters. An estate plan may include some or all of the following: Last Will & Testament, Revocable or Irrevocable Trust, Powers of Attorney, Joint Tenancy designation, and Beneficiary designation.