GIVING THE GIFT OF ORGANIZATION

Make it easy for loved ones to find important documents with this handy checklist.

Overview

From a birth certificate and driver’s license to account statements and property titles, all of us are holding onto important documents showing proof of identity and property ownership. And while you know (or think you know) where these documents are located, do your loved ones know where to get the information they need to make decisions on your behalf?

A 2022 study revealed more than 50% of Americans think estate planning is important, yet only 33% have a will or living trust in place. The reason? Most say they don’t have enough assets to justify the cost and effort of putting those documents in place.¹

But what most of us do have is an assorted collection of accounts, property and even bills. If you’re gone or disabled, someone (usually a spouse, adult child or trusted friend) needs to have access to documents related to these items or know whom to call for help. One of the best things you can do for that person is to organize your documents — and then let him or her know where to find everything needed when the time comes.

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