Organizing your financial affairs and discussing end-of-life decisions are important steps that will help you feel confident and relaxed as you age. It's critical to find trustworthy, reliable, and knowledgeable people to help you create the path you desire. "In order to create a solid end-of-life plan, it's important to take a team approach," explained John Adolf, Director of Adolf Funeral Services. "No one person will have all the answers; having them work together on your behalf will give you the best results." Here are 3 professionals who can assist you with end-of-life documents:
1. Financial Advisor. A financial advisor will help with the details regarding investing and protecting your assets. "Your assets may consist of monetary investments, retirement accounts, life insurance, and real estate," said Adolf. "Your advisor will organize them into a concise package. Going forward, it's important to review and update the information. In the end, your assets will be distributed as you wish."
2. Estate Attorney. A well-organized estate plan is essential, regardless of the amount of assets you've accumulated during your lifetime. "A simple will is no longer enough," added Adolf. "Estate laws differ by state; consider that if you change your primary residence. An attorney can help you establish a trust, and create durable power of attorney, healthcare power of attorney, and living will or healthcare directive documents."
3. Funeral Director. People who lack a funeral plan are leaving the responsibility to their survivors. "As a funeral director with 39 years of experience, my advice is to make decisions in advance regarding your end-of-life personal details," said Adolf. "For an easier funeral plan discussion, watch the program "Have the Talk of a Lifetime", available through the National Funeral Directors Association. It facilitates the discussion of death and dying in a respectful, thoughtful, and compassionate manner. It helps families communicate better and share their life experiences."
Adolf Funeral Home & Cremation Services
John R. Adolf, Director
7000 South Madison Street
Willowbrook, IL 60527
2921 South Harlem Avenue
Berwyn, IL 60402