Valentine’s Gift — An Estate Plan?

Jeff King (Edward Jones Financial) in This Valentine’s Day, Give a Gift That Lasts, CliftonPark.org, provides the following advice for selecting a Valentine’s gift for the special person in your life:

It’s almost Valentine’s Day. This year, instead of giving your loved ones those chocolates or flowers – or, at least, in addition to those chocolates and flowers – why not make sure you give the gift of financial security?

You don’t have to be rich to protect your family – but you do need to plan ahead. So, on February 14, consider drawing up a “Cupid’s Checklist” containing a list of the things you need to do to take care of those people most important to you.

Mr. King lists the following suggestions:

• Review life insurance.
• Update beneficiary designations.
• Establish estate plan.