Estate Planning
Estate Planning
Estate planning ensures your wishes are respected and your loved ones are cared for after you’re gone. Jordan Credit Union understands the importance of planning for the future, providing resources and guidance to simplify the estate planning process. Here’s how you can effectively start planning:
- Create a Will: Clearly outline how you wish your assets to be distributed, reducing potential conflicts and ensuring your intentions are honored.
- Designate Beneficiaries: Regularly update beneficiary information on retirement accounts, insurance policies, and other assets.
- Establish Powers of Attorney: Appoint trusted individuals to handle your financial and medical decisions if you’re unable to do so yourself.
- Review Regularly: Regularly revisit and update your estate plan to reflect life changes, such as marriage, divorce, childbirth, or financial shifts.
