Your Essential Plan

Your Essential Plan By Emma Saltern

How easy would it be for someone acting as an Executor of your estate to find those all-important documents like your will, share certificates, bank account details, pension details and life assurance plans?

Do you know the passcode to your partner’s or child’s phone?” (There is a good scene in the tv show Killing Eve about this).

The ‘Essential Plan’ is a great way of making sure that all of your information is available and in one place for those that might need access to it in case of an emergency (ice). The death of a close family member or friend is always a traumatic time for those le behind. It can oen be made even more stressful for those who have been asked to be Executors. Personal experience of advising a mother of two young children who had suddenly and unexpectedly lost her husband puts into perspective how valuable having an Essential Plan is. It would have allowed us to provide her with the much-needed reassurance she wanted about her future financial position far quicker.

Instead, she had to spend more time than necessary trying to find details and information that was not readily available. This undoubtedly added to her stresses during an already unthinkable situation.

SK Financial has created an Essential Plan for you to use, which allows you to keep track of all of your assets and most importantly, let your family know where to find them. Plus, you can list the details of your main advisers. We suggest that you then share it with those who are key to your financial affairs. It is also important that you secure these documents in a safe place, perhaps alongside a copy of your will.

If you feel that this would be beneficial to you, please let us know and we would be more than happy to send you a copy

of the SK Essential Plan for you to complete.

“The time to repair the roof is when the sun is shining.”