Vital Records Daily Money Management Services: In addition to monthly Bill Pay, Quicken and daily financial matters which is ongoing. We also offer help with projects such as our Emergency Planner document (all Vital Records Information in one place), tax preparation assistance, Quicken set up, and online bill pay set up. One example: We helped one client gather all of her important records before meeting with her Estate Attorney, to have a new Will drawn up. We also organize offices and help you set up file systems (paper and electronic) that will work for you. May / June 2024
The Role of a Digital Executor: Ensuring Your Digital Legacy Lives On In today's digital age, our lives are increasingly intertwined with technology. From social media profiles to online banking accounts, our digital footprint continues to expand. However, what happens to this digital legacy when we're no longer here? Enter the digital executor—a crucial role in modern estate planning. I recently took a seminar about protecting your Digital Legacy. Do you have a Digital Executor stated in your Will? According to The Digital Wrangler, Kate Hufnagel, you may want to consider adding one. FUFADAA, Revised Uniform Fiduciary Access to Digital Assets Act, is a law that provides the Executor of an Estate, or an attorney, with access to someone’s online accounts after death or incapacitation. Some states have enacted this law. I have designated my Legacy contacts on Facebook and Apple. Instagram does not offer it. I have not had success with Google or Linked in accounts yet. Dropbox has a legacy contact with a paid subscription. Some other great tips she gave us:
A digital executor is someone appointed to manage and oversee the digital assets and online presence of an individual after their passing. While traditional estate planning often focuses on tangible assets, such as property and finances, the digital executor ensures that your digital life is handled according to your wishes. The Importance of Digital Estate Planning In the absence of clear instructions, digital assets can become inaccessible or lost forever. Consider the sentimental value of cherished photos stored in the cloud or the financial implications of unredeemed cryptocurrency. Without proper planning, these assets may remain undiscovered or inaccessible, causing distress to loved ones. What Does a Digital Executor Do?
Selecting the right person to serve as your digital executor is crucial. Ideally, this individual should be tech-savvy, trustworthy, and capable of handling sensitive information. Communication is key—ensure that your digital executor understands your wishes and is prepared to fulfill their responsibilities. Conclusion In an increasingly digital world, planning for the management of our digital assets after death is essential. By appointing a digital executor and creating a comprehensive digital estate plan, you can ensure that your digital legacy lives on in accordance with your wishes. Take the time to inventory your digital assets, document your preferences, and choose a trusted individual to serve as your digital executor. Your foresight and planning will provide peace of mind for both you and your loved ones. How to set up Facebook & Apple Legacy Contacts Simple Solution Organizing can assist you in setting this up. Facebook: Memorialized profiles Memorialized profiles are a place for friends and family to gather and share memories after a person has passed away. Memorialized profiles have the following key features:
To add a Legacy Contact on your iPhone:
Adele Gross Chief Executive Organizer & Daily Money Manager 706-714-1314 Simple Solution Organizing LLC
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March 2024
We have been busy helping our clients with Payroll and prepping Tax Related items for their Accountants and CPA's. Are you struggling to get your Tax stuff together? Do you generally give your Accountant boxes of papers that may or may not be related to Taxes? We can help with that! 4 Proven Strategies to Lower Bills:
Happy New Year
Did you make Resolutions this year? Have you already broken them? That is the running joke about Resolutions. We tell ourselves, “I am going to lose weight, get fit, get organized, plan a trip, visit relatives, and fill in the blank”.Be realistic with your Resolutions and more importantly your goals. A better…less offensive word is Intentions. Create some intentions for yourself. I will share my intentions with you. Did you know that sharing your intentions, resolutions, and goals makes you more likely to achieve them? One of my intentions is to dance more. I took a Zumba class this morning. Another intention is to connect with friends, relatives, and travel more. My husband and I have a trip planned to Asheville in February and we will visit with one of my cousins on the way. Creating the intention and following through feels great. How about you? What do you want to add or subtract in 2024? What boundaries do you need to create or enforce in your life? Healthy boundaries at work and your personal life are crucial to everyone’s well-being. Resolutions,Intentions, Goals
Make 2024 a year where you say YES to life. Adele Tusson-Gross 706-714-1314 From the U.S. Department of Labor Blog: A New Year— A Great Time to Focus on Your Financial Future. Click the link to read. This blog post has very good information to review: the 3 stages of your work life Scams & Your Security
Can you imagine getting a call from someone impersonating a loved one saying they have been kidnapped or have been in a tragic accident? Then they ask you to send money to help them. That is exactly what Scammers are doing now. They impersonate and mimic your child or loved one’s voice. It is their voice! AI Technology makes it possible. My family has a code word; just in case someone tries to scam us. Security/Alarm system companies use a passcode to validate that you live at the residence where an alarm is going off. If you don’t know the code the Police are dispatched. You can also ask the Scammer an important detail that would not be common knowledge. It is always important to pause before doing anything rash with your money. I attended the 2023 American Association of Daily Money Managers conference in Chattanooga November 10 – 12th 2023. I learned a lot about scams from a Retired Police Officer that had worked in the Financial Exploitation department. It was so sad to listen to the horror stories he told us. The most upsetting exploitation story was about an Elderly Couple and their Grandson. The Grandson convinced his Grandparents to add him to the deed of their house. He eventually SOLD their home without their knowledge or consent. He arranged to pick up the Grandparents when prospective buyers were touring their home. The couple lost their California home AND their relationship with their Grandson. Social engineering scams: Text Messages becoming more prevalent According to Conversationally Security Blog post dated Oct. 4, 2023 Social engineering is when scammers use deception to obtain personal information from an individual and use it for fraudulent purposes. Test your security knowledge by taking Ally Bank’s quiz. Click the link above to discover the latest scams. Ally’s bank blog illustrates a provoking example: you have a family, your super busy, and you are making dinner. You get a text from your Utility company stating your payment is late. You are relieved that they are “so nice” to remind you. You click the link and give them your personal information. A few hours later you deeply regret it. Pause! Scammers catch us off guard and yes you don’t have to be in your 80’s or 90’s to fall victim to scammers. Have you ever received a Text from this biller before? Log in or call that provider directly. Never enter your information through a link. This is a photo of my husband, Karl, and I. We are not delegating in this photo...just having fun.
September / October 2023 Are you doing the majority of housework? Sometimes we don’t even realize how much we do. I listened to a very interesting show about the distribution of Chores titled “Stuck Doing All the Household Chores.”on LifeKit. They instruct people to write down all the chores that they do. Figure out if they are all necessary for instance making the bed is one that could be removed if both people agree to it. They suggest discussing each chore with your partner. There may be chores you despise but your partner does not mind or even likes. Once you have everything written down you can discuss it in a planning session rather than pointing fingers and having an argument. It is a safe way to broach and present this very important topic. Delegating at home and work. Who can you delegate to? At work this includes Colleagues, Assistants, Volunteers, and Interns. What bout at home? Do you ask your kids and spouse to help? I have worked with clients that have children of all ages. Many of them do not ask their children to do any chores. In the meantime, they are drowning in dirty laundry, dirty dishes, overflowing litter boxes, and inboxes. Once, I had a client who worked full time. She was also studying to get her PHD at night. She had 1 older son and she was married. She also did all the cooking, laundry, pet care and cleaning. The laundry had taken over their master bedroom. The couple moved into their son’s bedroom and the son moved in with the Grandparents home. This situation did not prompt her to ask for HELP! We taught our daughter, Jessica, and our son, Connor, to do their own laundry around the age of 11. Jessica, thrived in college. She did meet several struggling college kids that did not know how to do their laundry or to take care of themselves. Delegate! Not only for yourself, not only for your well-being but to raise young adults that will be self-sufficient and productive in life. In addition to laundry our kids were also responsible for cleaning up after dinner at least once a week and they helped with basic housework. My husband, Karl, has always done some of the laundry, cleaning, cooking, organizing and grocery shopping. This makes for a much happier relationship. Dr.Phil had a show about housework and he stated that men doing housework is VERY SEXY! I agree! Delegating work to others may not come naturally to you. I have experienced older clients with Caregivers and the client keeps doing all the work! Why? They are there to help you. This is usually a case of being stubborn or afraid to ask for what you need. I can understand a desire to be independent but if you are paying someone to help you…. let them help you. The Caregiver wants to feel a sense of purpose to. If someone is always Delegating to you.You may need to say “no” or “Yes, if”. Here is a paragraph within an article in the Harvard Business Review titled, "To be a Great Leader, You Have to Learn How to Delegate Well.“ Practice saying “yes,” “no,” and “yes, if.” This is the art and science of being selective. Successful investors don’t divert their money into every opportunity that comes their way, so we should be equally discerning with our time. Start by carefully assessing every demand that comes your way, and align the asks with the highest-valued contributions that you’re most skilled at making. For those requests that draw on this talent, you say yes and carve out the time and attention to be intimately involved. But for those requests that don’t align, you say yes, if… and immediately identify other people to accomplish the goals through their direct involvement. You may still consult, motivate, and lead — but you’re essential as the catalyst, not as the muscle doing the heavy lifting. This discerning approach may mean delegating some tasks to others, negotiating a reduction in your direct contribution, or just saying no while making the business case for why your effort and attention will have a greater impact elsewhere. I hope you can find a good balance in your life. This usually requires sharing home responsibilities with others. Whether they are people living in your home or hiring help. Need any help with Organizing, Downsizing or Financial Organizing? Give us a call! Thanks for reading! I would love to hear what you think. Adele |
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