The Importance of Long-Term Planning

May 15, 2019

It’s never too early to start planning for your long-term personal and financial future. In fact, the best time to think about long-term care is before you even need it. 

Creating a detailed document with all of your personal information will be an essential part of your plan. Loved ones will need a place to find answers to common questions: Who is the insurance agent? Where are the keys to the second home located? What digital assets remain outstanding? A practical and easy way to avoid family confusion and disarray is to ensure that information is organized in a single place.

With that in mind, we’ve created two guides to help families plan for the future. Planning Forward Guide provides insights on important conversations to have with family members today to prepare for down the road, while the Guide for Family and Advisors is a worksheet to store critical information, from the location of key documents to bank account numbers.

If you are interested to learn more or need help completing these guides, please contact your Relationship Manager.


You may also be interested in: Planning for the Distribution of Non-Financial Assets