Thinking about your financial and estate goals for the upcoming year? A comprehensive estate plan can provide peace of mind, ensuring you and your loved ones are covered. Here are some crucial elements to consider:
- Will Updates: Keep your will current with an updated list of assets, beneficiaries, and alternate choices. Ensure it reflects recent life events.
- Power of Attorney: Designate someone you trust to make decisions on your behalf in case of incapacity. It’s often overlooked but crucial for your estate plan.
- Mortgage Protection Insurance: Explore the Manulife Mortgage Protection Plan (MPP) for portable and flexible life and disability coverage. Unlike bank insurance, MPP gives you freedom across lenders and properties.
- Mortgage Life Insurance: Safeguard your family’s future by ensuring your mortgage is paid off in case of your passing. Manulife provides stress-free claims processing during difficult times.
- Mortgage Disability Insurance: Protect against disability-related income loss. Manulife offers flexible payment options and the ability to enhance your coverage.
Remember, estate planning is not just a responsible task; it’s a way to secure your family’s well-being. Let’s ensure you’re prepared for any unforeseen circumstances.