Posted by: Joanne Brown
Digital access is such an important part of our lives, yet no one stops to think about what happens in the event of a death. Since many of us have opted out of paper bank and brokerage statements and choose to receive our statements online, waiting for a statement to arrive in the mail has become a thing of the past. In the event of your death, would someone be able to access your accounts? Consider creating a log sheet or a binder with all of your information, such as log-ins, PINs and passwords. Make sure that someone knows where this is kept. Should it become necessary, it will be much easier for your family and for the executor of your estate to collect your assets and distribute them pursuant to your wishes.