Section 4: Safeguard Your Legacy and Elevating Others
“What If” Binder: Peace of Mind in a Time of Crisis
This emergency planning resource is designed to help you organize and safeguard the critical information your loved ones would need in the event of an unexpected crisis—such as the sudden passing or incapacitation of your household’s financial decision-maker.
While no document can ease the pain of loss, having essential information clearly laid out can significantly reduce stress, confusion, and overwhelm during an already difficult time. It’s a gift of clarity that honors your family with foresight and care.
Suggestion to include in your “What If” folder/binder:
Personal Information
Medical Information
Insurance Information
Contact information for legal or financial advisors
Usernames, Passwords, and Combinations
Household Expenses
Include a Current Copy of your Net Worth Statement
Include a Copy of your Monthly Budget or a Monthly-Expenses-At-A-Glance page
Assets and Liabilities
End-of-Life Arrangements
Copies of Important Documents
Other suggestions to make the most of this tool:
Store it in a secure, accessible location (like a fireproof safe or locked file cabinet), and ensure trusted loved ones know exactly where to find it.
Include a simple checklist at the front so that your loved ones know exactly what’s inside and what to do first.
Review and update it annually or after any significant life change, just as you would your insurance or financial plan.