"Secrets may be personal, but silence in family matters can be painful."

People often believe their loved ones will handle their affairs when they can’t. However, one of the best things we can do for our family is to provide clarity. By sharing important information in advance, you can protect them from confusion, helplessness, and stress during a hard time.

Essential information to share with your family

For a smooth and secure transition, consider sharing the following details:

• Financial details: This includes information on bank accounts, investments, insurance policies, any outstanding loans, and important passwords for online accounts.

• Key legal documents: Ensure your family knows where to find your will, property deeds, details on beneficiaries and nominees, and any power of attorney documents.

• Medical preferences: Share your health records, information about your insurance coverage, and any important medical wishes.

• Emergency contacts: Provide a list of trusted advisors, doctors, close friends, or relatives who can offer support and guidance.

• Personal wishes: Communicate your thoughts on how to use assets, how to preserve cherished memories, and how to manage certain responsibilities.

At its heart, this practice is not just about handling wealth. It’s about empowering your family and easing their burden when you are gone. Sharing information today can help prevent future stress, legal disputes, and uncertainty, giving your loved ones peace of mind.