Financial Firedrill

The information provided is not written or intended as tax or legal advice and may not be relied on for purposes of avoiding any Federal tax penalties. MassMutual, its employees, or representatives are not authorized to give legal or tax advice. Individuals are encouraged to seek advice from their own tax or legal counsel. Individuals involved in the estate planning process should work with an estate planning team, including their own personal tax or legal counsel.

Important Financial Documents

Wills, Trusts, Power of Attorneys
Life Insurance Summary
Beneficiaries of Insurance/IRA’s
Annual IRA Statements
Company Benefit & Retirement Plans
Annual Mutual Fund Statements
Brokerage Statements
Real Estate, Mortgage & Homeowner’s Insurance
Birth Certificate / Passports / Military Papers
Social Security Statements
Credit Card Information
Deeds & Titles
Safe Deposit Box Information

Financial Resolutions

While it may not be as satisfying as losing ten pounds, organizing your financial planning could be one of your most rewarding New Year’s resolutions. The anxiety that most individuals feel about their finances is caused by a lack of attention, focus and communication. To gain control of your finances, you must establish and maintain accurate records, prioritize your financial goals and work with a financial professional to leverage their expertise to help you reach your objectives. Maintaining good financial records is a habit that will pay dividends for yourself and your family. Ask anyone who has had to piece together the financial affairs of a family member and they could share their frustration, which is similar to putting together a jigsaw puzzle without a picture.

Personal Records and Final Arrangements Guide

Completing this guide will provide an invaluable resource to your family at a difficult time and clarify your wishes for final arrangements. Once completed, please make a copy for your family, your advisors and your accessible financial records.

Download guide