Financial Travel Tip #16: Estate Planning
By theprofessionalhobo ~ February 18th, 2012. Filed under: Financial Travel Tips.
A couple of weeks ago we talked about life insurance and whether it’s necessary for travelers. I also snuck in a mention of estate planning, which is very much linked to our life insurance needs.
I’m not trying to be morbid, but let’s face it: stuff happens. And although it is just as likely to happen while you’re at home as while you’re traveling, it’s infinitely more complicated if you’re out of the country when you get sick, injured, disabled, or even die.
Do yourself – and your loved ones – a favour by being organized before you leave. And that means putting together an estate plan. It’s not difficult, and a good chunk of it is the gathering of information that you should be doing anyway when organizing your official documents prior to traveling.
Check out the article below for some more information on what estate planning is and how to get started on your own estate plan.
