Planning for the future includes making decisions about your estate and provisions for the well-being of your loved ones after your death. To avoid confusion and unfair distribution, these decisions must be recorded and brought to the attention of trustworthy individuals or institutions. It is for this reason that making a Will is an important step that everyone should take. But a Will only takes effect after death and can be limited in its scope. What happens if you get sick, who makes the decisions? Who will care for your children?
If you cannot answer these questions, then First Heritage Co-operative Credit Union (FHC) may be able to help. The credit union recently launched its Estate Planning and Management service to educate members about the importance of planning their estates and to facilitate the process.