I decided to come up with an article on list of things that everyone must do to avoid any kind of disturbances in future for you and your loved ones. The content of this article might be overwhelming if I try to fit in one post so I will break this down into 3 parts. The contents of this article are based on my personal experience and discussions with my friends and family members. I would like to thank my friends and family members for their valuable input and contribution towards this article. In this post (Part 1) I will give an overview of the article.
Part 2 of the article highlights a few easy Financial decisions that are often delayed or neglected such as:
1) Will & Trusts
2) Life insurance
3) Keeping spouse/family informed about personal assets and liabilities
4) Distribution of Net worth
5) Watching credit reports and safeguarding identity
Part 3 of the article highlights different ways to backup your personal information for easy access and availability to you and your family members when needed. These include:
1) Saving a soft copy of personal documents like passports, visas, insurance, health related docs etc
2) Saving work related data and education related certificates
3) Saving financial information in a secured way
4) Saving vehicle titles, home titles & any property related docs
5) Saving photos, videos etc. Basically plan to backup your PC, laptop, tablet, smart phone etc.
The target audience for this article are people/families who
1) are educated
2) are working
3) have kids
4) are either not aware of or have delayed/not acted on some financial decisions mentioned
Stay tuned for more details in Part 2 & Part 3 of this article. Please feel free to send me an email or use the comments section below for any inconsistencies or additional information you might want to share.
If you find this interesting, please consider social sharing. Thanks!
Part 2 of the article highlights a few easy Financial decisions that are often delayed or neglected such as:
1) Will & Trusts
2) Life insurance
3) Keeping spouse/family informed about personal assets and liabilities
4) Distribution of Net worth
5) Watching credit reports and safeguarding identity
Part 3 of the article highlights different ways to backup your personal information for easy access and availability to you and your family members when needed. These include:
1) Saving a soft copy of personal documents like passports, visas, insurance, health related docs etc
2) Saving work related data and education related certificates
3) Saving financial information in a secured way
4) Saving vehicle titles, home titles & any property related docs
5) Saving photos, videos etc. Basically plan to backup your PC, laptop, tablet, smart phone etc.
The target audience for this article are people/families who
1) are educated
2) are working
3) have kids
4) are either not aware of or have delayed/not acted on some financial decisions mentioned
Stay tuned for more details in Part 2 & Part 3 of this article. Please feel free to send me an email or use the comments section below for any inconsistencies or additional information you might want to share.
If you find this interesting, please consider social sharing. Thanks!
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