Planning well checklist: 7 tips to get your affairs in order now
Actioning this Planning Well Checklist now will take the load off your family later. Below are just some of the things that your loved ones will have to deal with when you die or at the end of your life.
If you think this checklist will take too long to read, imagine how your family will feel when they have to go through it and find where everything is. The most loving act you can do is to get your affairs in order NOW, and not leave a mess for someone else to clean up.
1. WRITE IT DOWN
You can quickly get your affairs in order by just using the Rest Easy Journal, which allows you to ‘fill in the blanks’ and keep the information all in one place that is easily accessible. Or…. you can write it all down in a book. However you choose to record this information, it’s so important that the people who are left to process your death know where everything is, what your choices are and why. Take a quick look at this Planning Well Checklist to see how well you have prepared your family
2. MY LEGALS:
□ I have written, signed and had witnessed properly my Will.
□ My Will is current and reflects my current circumstances.
□ I have appointed an Executor and they are aware of their ro
□ I have made extra copies of my Will kept with people I trust.
□ My Executor knows where my current Will is kept.
□ I have appointed an Enduring Power of Attorney and have all the legal documentation completed correctly.
□ I have spoken to my Power of Attorney about how I want my money managed.
□ I have spoken to my family about who I have chosen to be my Enduring Power of Attorney and why, and where the documents are kept.
□ I have completed a Binding Nomination Benefit form for my superannuation.
□ I have appointed an Enduring Guardian/s and have all the legal documentation completed correctly.
□ I have explained to my Enduring Guardian/s my health and lifestyle choices.
□ I have spoken to my family about who I have chosen to be my Enduring Guardian/s and why, and where the documents are kept.
□ I have written, signed and had witnessed correctly an Advance Care Directive.
□ I have chosen a Substitute Decision Maker/s.
□ I have explained to my Substitute Decision Maker/s what my health and lifestyle choices are and they have agreed to advocate for me when I no longer can.
□ I have spoken to my family about who I have chosen to be my Substitute Decision Maker/s and why, and where the documents are kept.
□ I have spoken with my doctor about my end of life care plan and they have a copy.
3. MY STUFF
□ I have completed the ‘Financial Matters’ section of the Rest Easy Journal regarding my current superannuation, pension and other benefits.
□ I have listed my bank accounts, funds, trusts, stock and shares, assets, insurances, deeds, mortgages and how to access them in the ‘Financial Matters’ section of the Rest Easy Journal or something similar.
□ I have labelled all my keys to cars, boats, filing cabinets, safe, drawers, sheds etc., and someone knows where they are kept.
□ I have a safety deposit box or documents lodged for safekeeping and have listed what’s in them and told my family/Executor how to access them when I die.
□ I have made provision for my pets and my family knows how to look after them when I die.
4. MY ONLINE STUFF
□ I have completed the ‘All Things Online’ section of the Rest Easy Journal and listed all my online usernames and passwords so that my family can cancel them on my death.
□ I have appointed a Digital Executor to take care of my online presence when I die and explained what I want done with my social media accounts.
□ I am in a health fund and believe the level of coverage is adequate for my current and future health needs.
□ I have backed up all my important files from my computer; downloaded my photos and videos and other digital data and they are in a safe place.
5. MY HEALTH
□ I have ambulance insurance cover.
□ I have written down my medical prescriptions, allergies and dietary requirements in case I get sick suddenly and can’t communicate these.
6. MY LEGACY
□ I have completed the ‘Life Snapshot’ section in the Rest Easy Journal or written down my life story, gathered family photos, recorded our family tree and my family knows how to access this information.
7. MY FUNERAL WISHES
□ I have completed the Rest Easy Journal’s ‘My Funeral Wishes’ section or a similar document so my family knows my burial/cremation and other funeral preferences.
□ I have made prepaid funeral arrangements.
□ I have discussed my funeral wishes and where my documentation is kept.
□ I have discussed with my family the religious/cultural/spiritual beliefs that will impact the way I am treated in the case of illness, emergency or death.
□ I have completed the ‘What to do when I Die’ and ‘Financial Matters’ sections of the Rest Easy Journal listing the important contacts e.g. solicitor, accountant and financial adviser.
PS: The Rest Easy Journal provides a more in-depth list of actions in five different modules. You can purchase a hard-copy, eBook or an online fillable form version here.
Download the Planning Well checklist here.