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Family Legacy Scorecard
Answer 10 quick questions to see what your family has already built and where your legacy may need more attention.
Does your family currently have a written estate plan?
*
A
Yes, and we understand it
B
Yes, but it may need updating
C
No
D
I'm not sure
If something happened to you or your spouse, would your family know where to find your important financial and legal information?
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A
Yes, it's organized and accessible
B
Mostly, but there are some gaps
C
No, it's scattered or undocumented
D
I'm not sure
If a major income earner in your family died tomorrow, how confident are you that your current protection would cover your family's needs?
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A
Very confident - we've reviewed it recently
B
Somewhat confident - we have coverage, but it may need reviewing
C
Not confident - we have little or no coverage
D
I'm not sure what we have
Are the beneficiary designations on your family's important accounts and policies current?
*
A
Yes - we've reviewed them and they reflect our wishes
B
Mostly - but some may need updating
C
No - we haven't reviewed them
D
I'm not sure who is listed
Are your major assets, your home and financial accounts, owned or titled in a way that matches your estate plan?
*
A
Yes - we've reviewed how our major assets are owned
B
Mostly - but a few things may need attention
C
No - we haven't reviewed this
D
I'm not sure what that means
Does your family have a clear plan for what would happen financially if someone became seriously ill or unable to work for an extended period?
*
A
Yes - we have a plan and know what resources we'd use
B
Mostly - we have some protection, but there are gaps
C
No - we haven't really planned for that
D
I'm not sure
Could your family cover an unexpected major expense without immediately relying on debt?
*
A
Yes - we have accessible savings set aside
B
Probably - but it would significantly reduce our savings
C
No - we would likely need to borrow
D
I'm not sure
Do the adults in your household regularly talk about money, goals, and long-term plans together?
*
A
Yes - we talk openly and make decisions together
B
Sometimes - but not consistently
C
Rare - one person usually handles it
D
No - we mostly avoid those conversations
Is your family intentionally building assets for long-term goals, and not just saving what's left over?
*
A
Yes - we regularly save or invest toward specific long-term goals
B
Somewhat - we're building, but not as consistently as we'd like
C
Not really - most of our money goes toward current expenses
D
I'm not sure what our long-term strategy is
Has your family clearly communicated the values, expectations, and responsibilities you want the next generation to carry forward?
*
A
Yes - we talk about them and model them intentionally
B
Somewhat - they know some, but we're not very consistent
C
Not really - we haven't clearly communicated them
D
I'm not sure what we want to pass down beyond money
First name
*
Email address
*
Yes, I'd like occasional Family Legacy tips, resources, and updates from Pal Fast.
Yes, please.
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