I am so excited about a seminar I attended last night and you’ll never guess the topic… keeping a record of my life and possessions so that my heirs can step in and run the show in the event of my unexpected demise! (This includes everything about running a home, so it is a direct tie-in to the overall purpose of this real estate blog.)
Have you ever been so stressed that you almost can’t remember your current address and phone number? I have! My mind shoots straight back to an address from 3rd grade, or something useless like that. So, how in the world could I cope with the avalanche of information I need at hand in the case of a family death? And how could I expect my family to cope in the event of my death? I have bits and pieces of information all over the place, some online and some on paper! Some is stored only in my head. Yikes! What a nightmare to leave my family. They would miss me and be angry with me all at the same time, right?
On a related note, a couple of days ago, it occurred to me that, since my spouse is away for a week, and I am doing all the cat duties by myself, what would happen to these little living creatures if I keel over and become non-functional while he’s gone???? I thought, “Oh, my gosh, I’ve got to have a plan! I have to write down every detail of cat care, cat medications, as well as cat-related chores. I have to write down how to run the two septic systems, the water softener, the HVAC, the potted plants, the swimming pool, the…… etc. I need to keep a notebook around here where close friends and family know to find it and access it in a mere 30 seconds to start up the routines and keep the place humming, if no one else is here to do it.”
Voilá! Enter my friend, Amy Praskac, of On the Record Advance Planning, who conducted last night’s seminar. Yes, her workbook, available on Amazon or from her website, has a page for pets and their care! And an entire section entitled ‘Household Facts’!!!
Amy even recognizes what a daunting organizational task this is for most of us, and she provides a three-month calendar along with tips for scheduling this bear of a project to get it finished. Remember the goal? To create a smooth path, rather than a nightmarish chasm for your family and friends to traverse after you’re gone. (Must put that over my desk as a reminder.)
Here’s what the seminar provides me:
- Peace of mind for me, if my spouse dies before I do.
- Peace of mind for my spouse, if I die before he does.
- Reaaaalllly important: peace of mind for our kids, who would have to step in and take over immediately in the event that my husband and I are in an accident or something shocking like that.
- A concrete way to start these conversations with our children about funeral/burial plans, will and power of attorney documents, disbursal of personal possessions, whom to call, financial accounts.
We know from personal experience that this kind of planning is important for adults of any age. My sister-in-law died very suddenly and unexpectedly without a will, half-way across the country from us and from her parents when she was only 30, and getting her simple possessions and simple legal affairs wrapped up was anything but simple! Do your parents a favor- make a will and leave a record of everything they will need to know to pick up where you leave off.
And if you are a homeowner, seriously, how is anyone going to keep the place functional with running water and electricity, if you have not left them operating instructions? Somebody has to pay the gas bill to keep the gas turned on. Take it from me, if your heirs have to sell a house that has been neglected, even for a few months, it is much harder than if the house is in tip-top shape while waiting to go on the market! They will actually lose money if the house is neglected.
Contact Amy on her website if you want more information about the seminar. And contact me at 512-970-9121, if you need to sell a house. Let’s chat!
There is something unimaginably appealing about The Critical Information Workbook: Creating a Road Map for Your Family!