It’s difficult to think about what may happen if your health starts to decline — or how your loved ones will carry on after your death. But doing nothing to plan for these events could result in you losing control over your affairs while you’re still alive, and undesired confusion and anger after you’re gone. While there are many issues to think about like documenting your health care wishes, choosing an executor, or finalizing your will, there is one other issue that is of equal importance: creating a “need to know” file.
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