12/30/2025
Just a few reminders from your lovely insurance agent as we enter 2026. Handle your business!!!!
1. Have a will in place. So many people procrastinate on this. Just do it.
2. Have a living will in place. Same as above just do it.
3. Have a Power of Attorney in place. Same as above just do it.
4. Have a spreadsheet of your assets including bank accounts, real estate holdings, jewelry, gold and silver etc....
5. Have a life insurance policy. Enough to cover any debts owed and update your beneficiaries if you have not. Work policies I do not count!!!!! If you lose your job that goes away.
6. Have a spreadsheet that details your 401 K holdings, and brokerage accounts, IRA's, 529's, Crypto holdings, private equity funds and any index funds etc...
7. Have a spreadsheet just for your stock holdings.
8. Have a spreadsheet just for your insurance policies!! Including carrier, policy number and effective dates.
9. Add all Jewelry of value to your homeowner's policy or purchase a separate jewelry policy.
10. Have a spreadsheet of your debts owed. If you're not good with Excel, then use a program such as Empower online where you can add everything under one roof. Then it tracks itself in real time.
11. MOST IMPORTANT!! pick someone you trust and give them the code to your safe in your home. If you do not own a safe purchase a fireproof one that contains all of the above.
12. If your children are over 18 please sit down with them and have a discussion about the what ifs in life. They are young adults now and should have a conversation about the worst-case scenarios.