Happy Thanksgiving giving everyone. Hopefully you are preparing for spending time and enjoying a meal with loved ones.
As we celebrate the Thanksgiving holiday tomorrow, let’s take a minute to think about those who don’t have a tomorrow. While the last thing that anyone wants to think about is death, whether it’s the death of their loved ones or their own mortality, it is the most certain fact of life. We all must deal with it and most of us haven’t done enough preparation– or often any preparation– for the event that will profoundly affect the emotional and financial well-being of those closest to us. Not to mention that medical emergencies happen frequently and more and more people are becoming mentally incapacitated due to diseases like Alzheimer’s.
So, how do you and your loved ones prepare to tackle issues that will most certainly affect you and those you love? As operational experts, we tell people that they need to take action.
At a recent business conference, I had time to sit down with business and financial expert, Carol Roth. Carol and I have talked in the past about business, finance and life. But this conversation was different. She told me the story of how she lost people close to her including most recently, her vibrant and healthy father, who passed unexpectedly from a freak accident. While she was not fully prepared for any of these situations, having been through it three times prior, when her father passed, she and her sister had his affairs and wishes in order. Because their father loved his girls so much, he wanted to leave them with the minimal amount of additional burden, especially at a time he knew they would be under the greatest stress and sadness of their lives. Carol’s father went through the uncomfortable tasks of assembling what became the prototype for her latest venture, FutureFile (www.FutureFile.com). The Future File system is the most comprehensive, yet easy-to-use, legacy and wishes planning system on the market.
As Carol took me on her journey through the development of FutureFile, I realized this is the perfect “benefit” for small business owners to offer to their employees. The cost is low but, it is something that an employee would probably never think to purchase for themselves. I thought about what my wishes would be, what would Loree do if something happened. We all know that Will and Trusts only go so far. What about email accounts, business account, social media accounts. The world is more complicated today than just 15 years ago. We need to be organized and prepared for the inevitable.
The Future File system works by providing you and your loved ones two “roadmaps” for legacy planning and affairs. The first helps you to organize your wishes and important information for your loved ones. The second helps your loved ones know what to do when you pass and it gives them access to the information you have prepared.
By doing this, each user has a Future File system that:
· Walks loved ones through exactly what needs to be done in case of an incapacitation or death
· Clearly explains wishes
· Gives them immediate access to pertinent information
· Helps them to locate other information, documents and assets that they will need.
The Future File system helps you take an important step toward helping your loved ones financially, emotionally and otherwise during their greatest time of need.
I am sure this is not the message that you wanted to read the day before Thanksgiving. As Your Remote COO we would not be doing you a service if we didn’t bring this to your attention.
On this Thanksgiving Eve, let’s all give thanks for what we have, a lot or a little, and that we are able to be with our loved ones and celebrate together.
From my family to yours, Happy Thanksgiving.