I did it and had fun doing it. After installing “Suze Orman’s Will and Trust Kit,” I filled its blanks with my information and then printed out four extremely clear, legal documents that reflected my financial situation: my Will, my Irrevocable Trust, my Advanced Directive and Durable Power of Attorney, and my Financial Power of Attorney.
No bank or attorney had addressed with me a tenth of what personal finance expert Suze Orman covers in her kit. Reading and listening to the audio by Orman and her personal trust attorney Janet Dobrovolny, I realized that I’d been singing in the dark, believing that I had an estate plan, when I had nothing that came close.
Besides the local hospital, who would know that I had a long-term care insurance policy? Her electronic guidebooks cover every aspect of a person’s financial life. In what she calls the protection portfolio, you include items in detail about all insurance policies, an inventory of belongings for your homeowner’s policy, and the list is exhaustive and comprehensive. Her custom-designed calculators help you assess everything from credit & dept to what you will need for retirement.
I’ll be hiring an attorney who specializes in estate planning. For our appointment, I’ll be fully armed, having done the kind of work I should have done long ago.
My only beef is that Suze Orman’s financial talk show (on CNBC) is on Saturday night, when it’s difficult to sit down and watch television. Entertaining and dramatically informative, she rescues people who have made, or are about to make, serious financial blunders.
Conducting a search of “Suze Orman”, you will find a wealth of sites devoted personal finance health. Her home site is: http://www.suzeorman.com
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