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This was a video lecture (like a TED talk, but not) and was notable for me because I was doing my estate plan at about the same time. Ran across the video maybe
by rabboRubble 9y ago
This was a video lecture (like a TED talk, but not) and was notable for me because I was doing my estate plan at about the same time. Ran across the video maybe in 2015... I will continue the hunt for the video.
The issue wasn't getting into a financial account per se, rather getting into all the devices the husband controlled. She didn't know the passwords.
In the old days, estate executors would monitor physical mail to make sure they found all bank accounts. With many tech savvy people moving away from physical mail, the only notification about which accounts are out there are arriving by email to an account an executor does not have access to. How to know which accounts need to fall under the estate if you don't know the account exists?
Anyway, I will keep up the search for the video. I tweaked my personal technology plan a bit to deal with some of the issues that video raised. In addition to a physical list of key passwords, 2FA recovery keys, and encryption keys, I also included specific recovery scenarios like:
1) me dead, all laptops / phones / 2-factor fobs destroyed
2) me dead, phone missing, but still have laptop & fobs
3) me dead, laptop missing, but have phone & fobs
4) me dead, fobs missing but have laptop & phone
As a courtesy to clients, I also noted what client assets and data I controlled, where I kept the object, how to decrypt if necessary, and who to contact to arrange hand over.
- rabboRubble 9y agoEDIT! I found it! I thought it interesting enough to send to my folks. https://boingboing.net/2016/02/04/how-to-prepare-to-join-the-int.html#more-446550 https://boingboing.net/2016/02/04/how-to-prepare-to-join-the...
- fyfy18 9y agoI think a big takeaway from this is that just writing stuff down is important. Even if you don't die it could be useful; maybe you are involved in a car accident and forget the last 3 years of your life. Where do you store all of this?
- andruby 9y agoI have a relative who's a doctor who managed all her client data in her head. She didn't write much down. She actually did have an accident that caused memory loss and it was a huge problem for her. Your memory is important, make sure you have a backup of the crucial bits :)