Preparing for the inevitable

Preparing for the inevitable

Preparing for the inevitable

by | Inheritance

Preparing for the inevitable is a morose task that many of us will put off until it is too late.   So if you don’t want to do it for yourself, prepare your estate for your loved ones. A little administrative and financial preparation will ensure that they can grieve in peace.

Follow this short checklist to make sure your affairs are in order and be sure to regularly update the details as you continue to enjoy a long life!

  1. Compile a financial factsheet – bank accounts, life insurance policies, mortgage details. Where are your assets?
  2. Share your financial management – if your partner has always run the household, it might be time to find out how to do that if you find yourself alone.
  3. Make a will – where do you want your assets distributed when you die?
  4. Plan for any tax liability – collating your finances and writing a will may reveal a potential future tax bill that you can plan to mitigate now
  5. If you are parent with children under 18 nominate guardians – this can be done via your will
  6. Plan your funeral – if you have specific wishes, including organ donation, you need to act in life to ensure they are carried out at your death
  7. Consider how you want to be cared for in the event of loss of capacity – consider creating power of attorney for worst case scenarios
  8. Get help and support – there is advice from specialists available in all the above areas, you don’t have to figure this out on your own
  9. Spend!  Enjoy your retirement – you can’t take it with you!
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Testimonials

"For various reasons, my situation turned out to be quite complicated and I needed two wills (as advised by UK...

Jenny Pearson, Consultant, Cambodia

2018-06-05T07:59:04+00:00

Jenny Pearson, Consultant, Cambodia

"For various reasons, my situation turned out to be quite complicated and I needed two wills (as advised by UK tax specialist) to keep my English and Cambodian assets completely separate. Cindy was able to work through all of that with me and I am confident that I now have everything properly covered."
"Cindy is knowledgeable, approachable, incredibly helpful, and highly professional. She helped me to understand the implications of my requests and...

Jayne Hilton, Engineer, UK

2018-06-05T08:30:28+00:00

Jayne Hilton, Engineer, UK

"Cindy is knowledgeable, approachable, incredibly helpful, and highly professional. She helped me to understand the implications of my requests and was always on hand to offer guidance and support. All in all an excellent service."
"It was a pleasure to work with Cindy and her team! Even though planning for one’s own death is a...

Jim Swander, CEO, Cambodia

2018-06-05T08:37:50+00:00

Jim Swander, CEO, Cambodia

"It was a pleasure to work with Cindy and her team! Even though planning for one’s own death is a project we all can easily put off, it removed an area of stress in my life. I no longer had to wonder if certain people would be taken care of, or where my money would go. Cindy and I worked through the process and she asked a lot of thought provoking questions. The first draft helped me think a second layer down, and made the will more complete. We finalised with her lawyer, signed, witnessed and put away in a safe place, letting my executor know exactly where to find it. I do not hesitate to recommend Cindy’s services."
"Cindy made the process of making a Will painless and efficient which we really appreciated. She was sensitive to avoid...

Moray Iles, Vietnam

2018-06-05T08:42:23+00:00

Moray Iles, Vietnam

"Cindy made the process of making a Will painless and efficient which we really appreciated. She was sensitive to avoid putting pressure or hassle to complete the Will quickly which allowed us to consider everything in our own time. Best of all, Cindy's professional support and thorough and clear explanation of the laws pertaining to our situation were very helpful. We would look forward to working with Cindy again on documents personal to our family."
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