The Importance of Storing Your Plans in An Accessible Place
When it comes to the prospect of estate planning, perhaps you’re put off by the sheer morbidity of the concept. It is still beneficial to schedule a consultation with an experienced estate planning attorney because otherwise you are handing over the power to make decisions about your estate to the government.
It is not sufficient to have all of the information associated with your estate plan, including your critical documents, in a locked box under your bed, or even in a safe deposit box. This is because you need to store it in a secure but an accessible location.
Many of the most important documents that need to be identified quickly after you have passed away, including your burial and funeral instructions, must be accessible to a loved one or a personal representative. He or she will not have the benefit of multiple days to go digging for these details, so you need to identify a possible online location to store your documents.
You can use this through financial advisors or through consumers, and you may wish to schedule a consultation directly with your estate planning attorney to figure out where to keep copies of these critical documents.
These documents may include those that are important over the course of your life, such as the power of attorney in addition to your will. Having these stored in a safe place that is protected from water or fire damage, and can be easily located in the event that something happens to you, is very important. Talk to your lawyer about what to do.