Planning in times of uncertainty amid

• May 10 2020
• http://www.jamaicaobserver.com/sunday-finance/planning-in-times-of-uncertainty-amid_193168

In the midst of adversity, there is always opportunity. The spread of the deadly COVID-19 virus has drastically changed life as we know it.

In response to the global pandemic, Jamaica has banned all non-essential activities, and residents have been asked to stay home. The mandated precautions are designed to slow the spread of the highly contagious disease. However, mental health experts have warned that these stringent measures may also have psychological effects. To reduce the risk of depression or other psychological effects, you can distract yourself by reviewing your estate documents and making plans for your future.

Estate planning is the act of preparing for the transfer of a person's wealth and assets after his or her death. Assets, life insurance, pensions, real estate, cars, personal belongings, and debts all belong to one's estate.

RETREIVE YOUR DOCUMENTS

Jamaicans typically store their documents at their attorneys' offices, in bank safety deposit boxes, in safety boxes at home, under their beds, in drawers or in other safe places. Now is a good time to retrieve your estate documents and read them carefully.

Consider the following questions: