All adults should have their affairs in order, including their final preparations. Final planning can take some time and you can make changes any time you need. While it may be easy to divide up property such as land, houses, and jewelry, there are things that you may forget. Storage units must also be accounted for in your estate planning. If you have storage units that you will need your family to sort through in the event of your death, here are some tips on handling the units in your will.
Keep statements up to date
It is always best to keep your final planning files up to date monthly. In the file regarding your belongings, keep your storage information updated each month. First, you need to keep the storage unit address, unit number, and any codes and keys that will allow your family inside. Make sure to update your payment information on the storage unit, so that your estate will know if there are any bills left after your demise.
Keep a list and photographs
There is nothing more difficult than sifting through a storage unit to find out exactly what your recently departed loved one has left behind. To make any sifting easier on your family, keep an itemized listing of what you have inside of the storage unit. Along with the list, take photographs, so that you loved ones will know where everything is placed. If you are storing items inside of suitcases, drawers, or lockers, you should make sure you note where each item is placed on your listing. This will make sorting your estate easier for our family.
Note if you are sharing
Sharing a storage unit or a mini storage unit with a friend is a great way to save money. The issue comes when one of the persons dies and the estate must be sorted. If you are sharing a storage unit with a friend and your assets are locked up after death, this can impede your friend from retrieving their belongings. Make sure to note in your final preparations if you are sharing the unit with a friend. Draw up papers noting that specific items in the unit belong to your friend and they are to receive access to the unit, even after your demise.
Taking care of business for your final preparations is worth the time it takes. Sorting things yourself and making things simple for your family is one final act of love that can make the goodbye process less stressful. For more information on renting a storage unit, contact a company in your area like Capitol City Mini Storage.