Make sure your estate(财产) plan keeps up with life changes
Few things are as important as estate planning. If you don’t handle your business while you’re alive, the
ramifications(影响) can run deep and wide long after you’re gone.
Estate planning may seem discouraging because it deals with issues of aging. Or maybe you think estate
planning is only something folks like Bill Gates do. It’s for everybody. Here’s how.
What’s an estate plan? Think of estate planning as a set of legal documents that spell out who gets your possession when you die, who you want to make medical decisions, who should make financial decisions on your behalf, and more.
This is not a one-shot d eal. It’s great that you finally got your will done, have your medical directives in place,
and gave someone power of attorney. Life is changing. Your documents should keep pace with
“Remember to update beneficiaries on life insurance policies after the first spouse(配偶) dies,” says Martin Levine, chief financial officer for 4Thought Financial Group in Syosset.
Get help. This is one time when DIY probably isn’t a good idea. Talk to a financial adviser, preferably one with expertise in estate planning.
Don’t assume that establishing joint tenancy (sharing ownership in personal property, such as a home) or joint ownership over financial accounts is enough to protect your assets.
A．Make no assumptions.
B．But, you’re hardly finished.
C．Decide to do it, and to avoid unexpected consequences.
D． It is difficult to choose a right heir before your death unless they are your closest ones.
E. Ideally, it will make things easier for your heirs(后继人) at a time when they most need it.
F. Finding a reliable agency to deal with your possessions is a wise choice when planning estate.
G. The birth of a child and divorce are other life events that will require updating estate planning documents.
36. C 37. E 38. B 39. G 40. A