When you think I'm being pushy about your estate matters, please just stop a minute and understand my intentions.
Last week I phoned an existing client. I asked him casually how his wife was only to be told that she'd had a bleed on her brain and had just a couple of short days to live. When I saw her six months ago, she was as fit as a fiddle and enjoying life as a new grandma. We filled out many of Dear Mary Letters and other forms that last day I saw her.
All the instructions about where she'd like to be buried, the music to be played and the flowers she would want on her coffin. She specified Arum Lilies. I remember her not really wanting to fill out all the forms I put it in front of her. However, I kept reminding her how it would make life easy for her husband and children if she could be specific about her requests. It would save her family, would save them another decision at a time of greatest grief when she might be gone. None of us had any idea that day what was ahead just six short months later.
This week as part of my guardian advantage role I promise our clients, I will have the information to make life easy for her family as they are mourning her loss. But as usual, that got me pondering. Why is it most people really keep putting off filling out these forms I provide to help their grieving loved ones at times like this? This experience will strengthen my resolve to get people filling out these documents as part of our process, a process to create real peace of mind for those left behind.
See things happen when we least expect, and that's why I keep following you up and life doesn't always just wait for us and wait for you to get yourself sorted. I've been caught before when people keep pushing me away. Don't want to talk with me. Don't want to take my calls. Then one day, it's too late.
So when you think I'm being pushy, just stop a minute and understand my intentions. I care about you and I care about your family and I never want to apologise for not having tried hard enough. So click the link below and make a time for us to chat about getting your stuff sorted. Show your family, you really care. Words are easy. Getting this done demonstrates your love.
https://go.oncehub.com/MarkWestcott
7 MINUTE WISDOM PODCAST #24: The Estate Vision™
Most of us have set goals in our personal lives or for our business. Have you considered that your Estate Plan would benefit from some goal setting? Would it be worthwhile to think about and write down your desired results for all areas of your Estate?
7 MINUTE WISDOM PODCAST #23: The Guardian Advantage™
This is the greatest value we can provide on your untimely passing. We will turn up and help your family navigate the emotional and confusing situation and guide them through the process ahead.
7 MINUTE WISDOM PODCAST #22: The Family Distribution Matrix
A vital step in your Estate Plan, don't underestimate the value in this simple activity. Allows you to look at the whole picture and take action and forward planning to ensure fairness amongst your beneficiaries.
7 MINUTE WISDOM PODCAST #21: The Due Diligence Report
Here's brief insight into how a specialist Estate Planning Lawyer will operate. It's more than just a Will—a thorough review of your situation will take place to maximise your Estate. It certainly pays to seek advice from specialists in this field.
7 MINUTE WISDOM PODCAST #20: Getting The Funding Correct
In business, you may have set up the right documentation including insurances, share holder agreements and more. However, if the documents are not regularly reviewed this can lead to disaster. The intent you have now may not be the right intent for one years or many years time.
7 MINUTE WISDOM PODCAST #19: How To Choose Your Executors
A lot of people struggle to choose the people who they want to ultimately represent them on their passing. A family member will have your best intentions at heart, and someone with business and professional experience will be valuable for key decision making.
7 MINUTE WISDOM PODCAST #18: Power of Attorneys
It is important to understand the roles and responsbilities of those you choose to have as part of your Estate Planning Team. Power of Attorney, Enduring Power of Attorney, Advanced Health Directive. Understanding these duties and making some thoughtful decisions now regarding your financial and health outcomes will prevent a lot of stress and strain for your loved ones at the time.
7 MINUTE WISDOM PODCAST #17: Planning From The Heart
Estate Planning, it's not just the hard facts and figures. More valuable are the emotional facts—those which you draw from your heart. The instructions you leave behind that will help your family when they are grief stricken with your loss.
7 MINUTE WISDOM PODCAST #16 Due Diligence
Estate Planning, it’s more than just completing your Will. Beneath the surface there can be a lot of factors that could lead to potential dangers or a negative impact on your legacy intent. Trust in the people who are experts in this field and allow them to secure your situation.
7 MINUTE WISDOM PODCAST #15: You May Not Own What You Think You Own
Your family home, your life insurance policies, your superannuation. Some of the most valuable assets that contribute to your estate. Don’t let them be passed down to the wrong beneficiary because of an oversight or misunderstanding of the terms.
7 MINUTE WISDOM PODCAST #14: The Legacy Blueprint
Don’t leave a puzzle for your family to work with after you have gone. Leave clues and documented information that is concise and clear for your loved ones to manage.
7 MINUTE WISDOM PODCAST #13: THE BUSINESS PARTNER FROM HELL
Business partnerships begin with the best of intentions and positive outlook. However, if the partnership breaks down or if one partner suddenly passes, this can often lead to an unqualified beneficiary becoming involved. Effective planning is essential to protect your years of hard work and success.
7 MINUTE WISDOM PODCAST #12: THE BENEFITS OF A TESTAMENTARY TRUST
There are mixed opinions about whether Testamentary Trusts are worth the cost and effort to set up. Tom explains the benefits and how they offer greater control and protection of your estate from potential relationship breakdown, bankruptcy and tax.
7 MINUTE WISDOM PODCAST #11: Estate Planning, Not Just A Will
Many people believe an up to date Will is all that is required for their Estate Plan. Realistically a Will is just the start, just the foundation. Tom discusses what else is required even for those who have apparently simple structures.
7 MINUTE WISDOM Podcast #10: The Delinquent Documents Trap
Sadly we have seen many cases when failing to make simple updates to your Will and Estate documents can lead to disaster. When was the last time you reviewed your personal and business documents? What events have transpired that are relevant to your Estate Plan?
7 MINUTE WISDOM Podcast #9: Step Sibling Seepage
With blended families becoming more and more common, we are often asked how to provide for step siblings in a way that is fair to all beneficiaries.