The Value of a Personal Record Book
A personal record book is one valuable aspect of the estate planning process that does not necessarily require the services of an attorney. Providing a summary of financial and personal information can be a tremendous gift for family in the event of death or incapacity. For example, a detailed list of insurance policies, bank accounts, IRAs, etc. can provide a Personal Representative with a tremendous advantage in effectively administering someone's estate. Furthermore, some practical information about whom to call in the event of an emergency or where important documents are located (such as a Will) can save a family a tremendous amount of time and energy.
There are many different types of record books available. In fact, a person can very easily create their own. If you would like to download a free copy of a personal record book, click on the resources section of http://www.jackcarneylaw.com/ and select "Family Record."
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