No one thinks they’re going to die, and hopefully most of us live to a ripe old age, but let’s face it, it’s going to happen to all of us sometime. So why am I writing about something so sad (which is not normal for me)?

Our community suffered a tragedy recently and one of our staff members suggested we give you guys a few tips because like she said, we all think we’re immortal!

First, if something in your life changes (marriage, divorce, etc.) you should update your accounts. I remember once a while back someone died and he had an ex-wife as his beneficiary… not a good thing when you’ve remarried!

Second, be prepared if you want someone to take care of your funds. Make sure you filled out the right paperwork to reflect that. Your financial institution can only do so many things; you might need a will or a Power of Attorney (POA) for finances and health and maybe an attorney for more in-depth concerns.

The best thing you can do for your loved ones is to be prepared so they don’t have to second guess what you would want them to do.