Did you make any resolutions this year? The basics revolve around personal growth, relationships, wellness and financial security.

Some might seem more exciting, like planning a vacation, trying a new restaurant every month, redecorating a room, or reading a new bestseller every week.

One of my New Year’s resolutions is to read my trust and will

Okay, many of you have just yawned and started scrolling.

But before you do, let me ask. Do you have a will? Have you reviewed it in the last year? Do you have a trust? Have you reviewed it in the last year? Has anything changed in your life in the last year?

It’s about planning

As I age, my trust and will, which are both areas of law and financial planning, become more important to me.

They deal with the administration and transfer of assets during life and after death.

Just like long-term care planning, creating a trust and will requires doing the work upfront to ensure my wishes are known and honored. Not to mention that my taxes are minimized to my estate and my beneficiaries.

Is it time to review your important documents?

Don’t forget to fund your trust, including real estate or name individuals as beneficiaries of non-qualified funds in your bank or brokerage account.

Have you checked your life insurance policy?

Do you really want your former spouse to be the beneficiary? And what about your retirement accounts?

If you are working on your will and trust, add long-term care planning to your list. Doing the work upfront gives you and your family peace of mind now, later in life and after death.