In this two-part blog post series, we first went over the big picture items that leafplanner has to offer for estate organization, and in this part, we will detail the importance of your leafplan in the day-to-day aspects of life. If you missed last week’s blog and are unfamiliar with TWC’s newest partner, leafplanner, you can read it here.
Fortunately, you don’t need to die to enjoy the day-to-day benefits of leafplanner and how it can positively contribute to you, your advisors, and others’ lives.
- First, there are alerts you can schedule. The alerts are a nice touch when things get busy, and your mental checklist gets bogged down with more pressing items. You can set alerts for passport applications, license renewals, birthdays, and much more. You can set multiple alerts for one item to have them staggered at different days or months.
- Second, there are descriptions and notes that you can selectively leave in your documents and contacts so that when you share the information with whomever needs to know. They could, for example, get notified about the medical conditions of an elderly parent or pet; to how you acquired a custom art piece that has been in your family for decades; and/or how to respond to an earthquake or hurricane while you are out of town.
- Third, is the ability to have your passwords in a centralized location. You have the option to add most or all your passwords to your leafplan and if you would prefer to have your passwords contained elsewhere, you can easily enter in a leafplanner a reminder for yourself of where you store said password.
- Fourth, you can write personal letters to your loved ones and store them in your leafplan for your trusted advisors to distribute to them when needed. This enables your loved ones to get to hear your last words for them, without the possibility of the letters getting lost.
If you’re not a TWC client, but want to learn more about leafplanner, reach out to them here. If you’re already a TWC client and are interested in learning more about how you can start a leafplan, or if you’re not a client but are interested in learning more about how The Wealth Conservancy can help with navigating your estate plan or the complex aspects of an inheritance, please give us a call, or submit a consultation request to speak confidentially about your specific circumstances.