Every year, I always come up with New Year’s resolutions and goals for myself. As I was thinking about it this week, I realized that, for the very first time, I couldn’t think of anything new to accomplish in the new year that I wasn’t already doing. This is unusual for me as I always think of new ways to improve my life, my health, and my bank account.
In past years, I’ve made resolutions to eat better; now I’m vegan. Or to live with less; check. To exercise daily; double check. To save more money; triple check.
But there is something that’s really important and something that only someone who is practical (and getting older!) like myself would think about: making arrangements with an attorney to set up a revocable living trust, a durable power of attorney for health care, and a financial power of attorney. This is something I’ve been meaning to do for a very long time and, since this is a lean year for resolutions anyway, this one seems easily achievable.
Here are a few very helpful books I’m consulting:
Protect and Enhance Your Estate: Definitive Strategies for Estate and Wealth Planning by Robert Esperti
Living Trusts for Everyone: Why a Will is Not the Way to Avoid Probate, Protect Heirs, and Settle Estates by Ronald Sharp
Suze Orman’s The Ultimate Protection Portfolio by Suze Orman
How about you? Resolutions, anyone?
~Maria, who wishes everyone a very happy and healthy 2013!