You may or may not know the old Spanish proverb that translates roughly to the saying 'the cobbler's children have no shoes'... meaning that someone with a specific skill is often so busy assisting others that their own affairs go unattended.
Integrity has always been important to me, and I wanted to experience the process of drafting my own estate plan before helping others - I am SO glad I did.
Reflecting back on the experience, here are 3 things that I am beyond thankful to know now:
- I needed to list my assets and debts all in one place – it is so much easier than having them scattered and unconnected to each other. I want my life’s financial accomplishments to easily transfer to my son when I am gone – now I know I have it all in place so that will happen.
- Dealing and thinking about your own death is hard! But thinking about how my family would be lost if they didn’t know what I want, is equally upsetting. I want my adult son to understand what and how he’ll inherit. I want him to know that by putting together my thoughts and plans into a plan it is an act of love I can give to him. I DO NOT want him to have to spend any money, or worry, or feel guilty for one minute!
- I didn’t know how good it feels to accomplish this life task! It is a weight off my shoulders!
If this was helpful for even one person, it was worth the time taken to write it!
Let me know your thoughts.