If you have a question for Ms. Magnolia, please mail it to P.O. Box 669, Vidalia, GA 30475, or e-mail to [email protected]
Dear Ms. Magnolia, Part Two of Planning Guide: Financial Paperwork. Gather all of your important documents together in one place. Keep originals in a fire proof box at home or in a bank safety deposit box and, for security, make a copy of each important document to keep in another location. Review this file every January to make changes and add additional information. And be sure to tell a trusted family member or friend where your important paperwork is kept so they can access the information immediately if necessary.
Financial Information to gather: A signed, up-to-date Will and Ad vance Directive A Financial Power of Attorney Social Security Information, Medi care/Medicaid Information Insurance information (life, health, home, car) with policy numbers and agents’ names and phone numbers Original deeds for your home and other property, and auto title and registration Copy of most recent income tax re turn A list of income and assets includ – ing 401(k)s, IRAs, employee pension, veteran benefits, interest, etc. A list of liabilities including mort –
gages, loans and property taxes. (In clude what is owed, when payments are due, and contact information.), how and when they are paid Names of banks and account num bers for checking, savings, credit union Information on investments (prop erty, stocks, bonds) and names and phone numbers of brokers Credit card and debit card names, numbers and bank contact information Location of safe deposit box and key
Household Information: Names and contact information for your children’s doctors, teachers and childcare providers Names and contact information for pet care providers and veterinarians A list of recurring bills and account information including electricity, gas, cable, internet, water, sewer, etc.
Letters have been edited for length and clarity.