There’s something about springtime — the longer days, the open windows, and that undeniable urge to clear out the junk drawer of our lives. We scrub the baseboards, donate the clothes that no longer fit, and finally tackle the garage.
While you’re busy organizing your physical space, it’s also the perfect opportunity to review your accounts, finances, and more.
Here are four ways to make your spring cleaning even more meaningful.
Life moves fast. Since last spring, maybe you’ve welcomed a new family member, got married, or realized that your emergency contact from three jobs ago shouldn’t be the one inheriting your 401(k).
The Clean-Up: Log into your bank accounts, investment portals, and your Shelter account. Ensure the people (and charities!) listed actually reflect your life today. A beneficiary designation on an account often overrides a will, so keeping these current is the most important dusting you can do.
We live our lives online, but we often forget to leave a key under the mat for our loved ones. If something happened tomorrow, would your family be locked out of your cherished memories or important accounts?
The Clean-Up: Take 10 minutes to set up Legacy Contacts on your iPhone or Android and “Legacy Account” status on Facebook and Google. This ensures that if you aren’t there to provide a password, a trusted person can manage your digital footprint and preserve your photos.
Spring is the perfect time to review your insurance policies. Is your life insurance still sufficient for your family’s current lifestyle? Is your disability coverage up to date?
The Clean-Up: Check the “Policy” section of your files. If you’ve bought a home, started a business, or had a significant life change in the last year, your coverage might need a tune-up. Make sure these policy numbers and agent contacts are stored in your Shelter so your family doesn’t have to hunt for them during a crisis.
Physical clutter isn’t just a tripping hazard; it’s a burden for those who might have to clean it up later. Spring cleaning is the perfect time to distinguish between what’s truly valuable and what’s just stuff.
The Clean-Up: Go through the stuff in your garage, closet, or storage unit. Decide whether it’s something you should donate, keep, or trash. If it hasn’t been used in a year and has no sentimental value, donate it or throw it out. If it’s something meaningful, be sure to document it in your Shelter with the story behind it.
Don’t let another season pass with “Get a Will” sitting at the bottom of your to-do list. Spend 15 minutes today getting your documents, digital life, and beneficiaries in a row.