My Life Book | Lifespan Financial Management

Why You Need to Create a Life Book In our culture, the only thing we avoid talking about more than death, is money. I’ve heard countless stories from clients about what happened when one of their parents died. In many cases, no pre-planning had been done, so the client was left to take care of everything; from calling family and friends, arranging the funeral and selecting the casket.

The next job they had to take on was sorting through the household finances, locating documents, tracking down insurance policies and filing claims, getting into the safe deposit box, and settling the estate. Not only can these experiences be traumatic and emotionally draining, but family members usually have to place their own lives on hold, sometimes for over a year, just to complete the process.

And what if the executor of the estate is also in charge of distributing the property? And what if there are disagreements as to who should get what? I have seen family relationships destroyed by this experience. None of the parents of these adult children did this to their children intentionally—it just happened. I want your family to avoid these problems, which is why I have created My Life Book.

The purpose of creating a Life Book is to help you organize your personal information, desires and wishes in a way that is most useful to your loved ones. Thank you for taking the time to do this for your family. They will appreciate it. You can print the pages, free, from our website, then can add them to a binder with copies of important documents. Thank you for doing this for your loved ones.

Sherri Goss, CFP®
President, Lifespan Wealth Management®, Inc.