Leaving your affairs in order can be one of the most thoughtful and compassionate things you do for your loved ones. A life file contains all your important documents, instructions, and personal wishes and ensures that your affairs are handled smoothly after your passing.
At Schnauer & Co we love to think outside the box (no pun intended). We have recently introduced our ‘Legacy Footprint File’, which includes a life file and a life file Checklist to help our clients to get their affairs in order.
A Legacy Footprint File contains all your essential documents and personal details that will assist your family and/or executor to manage your estate in the most efficient and cost effective manner. In the current digital world that we live in, keeping information accessible is becoming more and more difficult. Having taken the time to create a Legacy Footprint File, this will help ensure that your most important documents and information can be readily available and not lost amongst a lifetime of collected things.
Losing someone is emotionally overwhelming, and the added burden of sorting through complex or voluminous paperwork and digital data to find the important information, can make the grieving process even harder. A well-prepared Legacy Footprint File will help guide your family when they need to take action after your passing. However, this file is not just for death, but it is also valuable should you find yourself unable to make decisions or manage your affairs, whether temporarily or permanently. That’s why we are certain that preparing this information in advance will help reduce the stress for your loved ones during an already stressful time and bring you peace of mind knowing that things are organised.
Did you know that unclaimed assets and forgotten accounts are more common than people think. By documenting your financial details, you prevent money from being lost and ensure it goes where you intended—whether to family, friends, or charitable causes.
Not only can you provide important information about the day-to-day management and running of your life, but you can also include the who, what, where and when’s. You can provide specific details about how you want your funeral to be managed, what charities or organisations are important to you, or how you want to be remembered. A Legacy Footprint File allows you to have your say over how you are remembered.
Just like the world is changing, so are our assets. All your email accounts, social media accounts, and most importantly your cryptocurrency wallet will need a digital executor or a legacy contact person. Many online platforms have strict policies regarding account access after death and a well-drafted clause can help your executor navigate these restrictions.
Our Legacy Footprint File lets you face the future with confidence, knowing you’ve done everything in your power to make things easier for those you love.
Contact us today so that we can give you the tools you need to get your affairs in order.