What Every Benefactor Should Know (7 Essentials...)

7 Essentials for a Confident Family Financial Journey

1. Goals
What matters most to you and the generations that follow? Clear goals guide every decision.

2. Roles
Who is responsible for what? Benefactors, beneficiaries, trustees, executors: each has a unique function.

3. Key Documents
Wills, trusts, beneficiaries, directives. Knowing where everything is, And why it matters, reduces stress for everyone.

4. Tax Awareness
You don’t need to be an expert, just familiar with what may impact your heirs.

5. Risk Management
Insurance plays a vital role in protecting your plan and the people you care about.

6. Communication
Money conversations don't have to be uncomfortable. Shared language builds confidence.

7. Continuity Planning
What happens next? A simple plan ensures your wishes are followed and transitions feel calm.

Reflection Questions

• Where do I feel confident?
• Where do I want clarity?
• Who do I rely on during major life decisions?
• What do my beneficiaries already know, and what should they learn next?

Key Contacts Worksheet

• Advisor:
• Attorney:
• CPA:
• Insurance Specialist:
• Executor/Trustee:

Bring This Worksheet With You. Whether you share it with your beneficiaries or discuss it with CWM, this one page can guide meaningful, productive conversations.