Top 10 Reasons for using SharedAffairs to make things easier for people when you’re no longer around (Part 1)

There are a few important tasks you can complete that will make it mush easier for your loved ones in case anything happens to you. These also give you peace of mind that your wishes or plans are fulfilled after you’re gone. Most people have never though about these and, when they have thought about it, they’ve worried that there is no easy way to plan or safely give the information to someone in case it is leaked. Here are 5 things that SharedAffairs will immediately help you do (Part 2 of this blog covers the remaining 5 things). Read on…

 

1. You guarantee your wishes happen: using a central location where you can take time to state all your wishes (funeral, gifts, etc.) and share these with your executor(s), you make sure that your wishes are easily carried out without you being there. We will all have opinions on how we would like our estate shared, where family heirlooms should go, what type of ceremony we want, where we might wish to be buried and so much more. To ensure that these all happen, they should be documented and, above all, easily available to the person/people who you select to ensure it all happens when you are no longer around.
2. You make it easy for an executor: if you have ever been asked to be an executor or have become one by default, you will understand how difficult it is to resolve an estate when no instructions have been left. You will also understand the emotional burden that can sometimes accompany complicated estates, trying to get it right all the time, trying to keep everyone happy that you’re doing what was wished for.
3. No need for multiple distributed copies: typically, when you have your will written, you will need a minimum of two copies, namely one that you keep in your safe (or safe place) and one that you provide multiple copies, remember where they are and replace them every time you make an adjustment. With SharedAffairs, you can share your wishes with any number of people and you can ensure that you share only that portion of your wishes that relate to them. The service ensures nobody sees the will until you want them to. It has a clever and novel way to let people have access only after you’re gone. Give it a go, there is even a free tier that gives you all the minimum features you need.
4. You do not need to disclose anything until the right time: you may not want to share your last wishes while you’re still here. There are many reasons most people hide their will; not wanting others to know about the size of your estate, or some of the beneficiaries they have chosen, wanting to freely distribute without having to explain their reasons, avoiding conflict, exacerbating strained relationships, avoiding being coerced, wanting to change their mind without scrutiny, creating pleasant surprises etc. you get the drift. With SharedAffairs, you do not need to share anything except the fact that you have left a will. Your executor(s), any other contacts or trusted friends (that you have selected) will be able to request access once you’re gone. You’ll be notified (at a frequency you decide) and, as you won’t be around to block it, (how long they have to wait, is up to you), they will be able to access your will (and any documents, videos or notes you have stored with it) all at the same time. Of course, if you’re around when someone asks to see your will, you can just cancel the request and remove anyone who doesn’t respect your wishes or simply have a word with them.
5. You can make as many changes as you wish: circumstances change all the time such as the purchase of real-estate, getting married, becoming parents, separating, death of loved ones, large lump sums, and much besides. For all significant changes everyone should update their wishes to ensure that they are up to date. It’s one of the many reasons (more on that in another post) why people put-off writing their will. SharedAffairs allows you to change your will as often as you want without incurring any additional costs. We believe that being prepared and helping your loved ones at their time of need, shouldn’t cost more than it needs.

 

Start your planning today with SharedAffairs by following us on Linkedin, Facebook or Instagram and visiting us at  https://www.sharedaffairs.com, #wills, #planning, #wealthmanagement, #probate