4 ms·
This is all pointless. The best thing you can have is a trust and living will, etc., that details what/when/why/how, as well as appropriate documents detailing
by farceSpherule 2y ago
This is all pointless. The best thing you can have is a trust and living will, etc., that details what/when/why/how, as well as appropriate documents detailing other (life insurance, financial accounts, codes to phones, passwords that you want others to have access to, etc., etc.)
You should also have a detailed document with what you have and what you want done with it when you die. If you want stuff tossed in the trash, ensure you leave money aside in your estate to cover a dumpster or other trash pick up service. The last thing your family needs to deal with is your sh*t. You should have this all set up.
Same goes for your digital life. List this crap out so your family is not stuck holding the bag, especially for financial accounts.
All of this documentation is kept in a binder, the location of which is shared with your spouse or kid(s). If it is in a safe, then you need to have the safe code provided to your attorney, or in a place where people know where to get at it when you die.
If you have done things properly, you have also pre-paid or set money aside for your funeral arrangements. This way, when you die, your family can focus on healing.
- tangentstar 2y ago1. Advance medical directive 2. Plan for guardianship/conservator ship as appropriate 3. House owned by joint tenancy w/ right of survivorship or jusrisdiction’s equivalent 4. Transfer on death / payable on death beneficiary for bank/equity accounts 5. Trust 6. Will that dumps anything unconsidered by the above into the trust If any of that doesn’t immediately make sense, go see an estate attorney. A wise investment for anyone who will die.