With income tax time upon us, I want to remind all of our clients and readers that we have a great tool for keeping your financial information digitally in one safe, secure place. It’s called Your Financial Life and it’s free gift from Halbert Wealth Management.
The idea is to have all of your financial information (account numbers, custodians, contact info, etc.) in one digital place for easy access. When there are changes to any of your financial information, you can easily update your record to keep it current.
Download Your Financial Life now.
Many who use Your Financial Life tell us they have found it useful in filing their taxes. And I can't tell you the number of times we've been contacted by family members who have lost loved ones and have no idea about how the family finances are organized, or even where to go to find important documents. Even individuals with extensive wills and trusts sometimes neglect leaving behind simple lists of all their investments or where important papers are kept. Your Financial Life solves that.
Important Note: If you are a client of Halbert Wealth Management please make sure your spouse knows to CALL US before making any decisions on the investments you hold with us. We often see surviving spouses decide to liquidate all of the investments simply because they do not understand them, even if doing so may be harmful.
We will educate them about the reasons you have investments with us and determine if they are still suitable. We want to help you make the best decision however we can.
You can download either of two digital versions of Your Financial Life, one in Microsoft Word format and a second which can be completed using the free version of Adobe Reader.
Either version can be used to save your important information. The file can be password protected and then easily stored on a flash drive and placed in a secure location that can be accessed by those who need it.
I urge you to do this now and make sure your chosen loved ones know where this critical information is stored. I also recommend that you forward this email to your loved ones so they can store their own financial information in one safe, secure place.
With tax time approaching, now may be the time to gather up your financial information (account numbers, custodians, contact info, etc.) and enter the info into our FREE Your Financial Life soon. Remember it is very easy to update all your information as things change. And we’ve also included space for you to make comments or notes regarding each investment.
So, download the booklet today and resolve to get your financial information entered as soon as possible. I promise you’ll be glad you did. And your spouse will be happy, too!
Henry Rohlfs is Vice President of Halbert Wealth Management, Inc. and a contributor to Forecasts & Trends. He also serves as Technical Director of Theta Research, LLC, a performance verification service. Henry lives in the Texas Wine Country and enjoys jazz music, cooking and, of course, wine tasting.
