Why Is End Of Life Planning Important?

Written by

Melissa Perepelkin

Let's discuss why you should start thinking about end-of-life planning

Taking the time to get your affairs in order can be a daunting task, but it is one of the most important things you can do for yourself and your loved ones. Having all of your important documents and end-of-life plans in place and up to date can give you peace of mind and make life easier for those around you. Let’s take a closer look at the many benefits of end of life planning. 

Peace of Mind

When you have taken the time to organize all of your important documents, accounts, and end of life plans, it can provide a certain level of assurance knowing that everything is taken care of. From wills and trusts to insurance policies and power of attorney forms, having these documents prepared ahead of time can help ensure that your wishes are carried out if something unexpected happens. This peace of mind is invaluable when it comes to planning for the future.

Time Savings

Getting your affairs in order ahead of time can save you and your loved ones hours of work down the road. Knowing exactly where to find important documents or how to access accounts will save time for both yourself and those managing your estate should something happen. Having a clear plan in place will make sure that everyone is on the same page when it comes to taking care of the estate settlement.

Security & Protection

Organizing all aspects of your life ahead of time will help protect both yourself and your family from identity theft or other scams that could target those who are not prepared. By having an organized system for keeping track of all financial accounts, passwords, sensitive documents, etc., you can easily identify any potential fraud before it becomes an issue. This added layer of security can give you peace-of-mind knowing that all aspects are covered if something goes wrong.  

Getting your affairs in order is an essential part of adulthood and responsible living – no matter what age or stage you're at now – it's never too late (or too early!) to start planning ahead! Taking some extra time now will provide much needed peace-of-mind down the line while also saving yourself valuable time moving forward. Plus, organizing all aspects now will also provide added security measures so that any potential fraud is quickly identified before it becomes an issue. 

Let Cadence guide you through the pre-planning process with ease

Cadence’s digital estate management platform is designed to help executors and families navigate the planning and settlement process. Our Legacy Planner will allow you to prepare for your end of life, on your own terms. Reach out to Cadence today to help you get started with your end of life planning! You can learn more about our solution for businesses here, or individual plans and pricing for the Legacy Planner here.