Posted in the Estate Planning Forum
#1 Jan 15, 2011
My buddies and I recently had an argument about how to leave information behind for our loved ones when we pass (ex: account information, passwords, etc.). He keeps his in a safety deposit box at the bank and pays an annual fee. I use the website yourfinalemail.com to set up an email to go to my spouse with some of my last wishes, passwords and of course some of the beautiful memories we shared. The site is pretty neat becuase it emails her these final words after I am deceased and she submits a death certificate and a copy of the certificate they mailed me. However, his argument is that some of that information may change and he can go to the bank and add as needed. My argument is that I can go online and submit a new email or changes for a fraction of what he pays in annual fees for his safety deposit box. I know some people just keep it in a shoebox or safe at home but I am not comfortable with this should fire or theft occur. What are some ideas others use for this?
Billy - Fayetteville, AR
Since: Nov 11
#2 Nov 8, 2011
A fireproof safe is the best option IMO. I wouldn't trust passwords and account information in a database on some website on the internet. That just sounds risky to me.
But then, I'm a bit of a curmudgeon, so take it for what it's worth:
Add your comments below
|Get your affairs in order for an orderly estate||Jul '16||ttraub||1|
|Estate planning council elects officers, plans ...||Jul '16||Public||1|
|Trickle down effect: Will the inheritance boom ...||Jul '16||not likely||1|
|The problem with do-it-yourself wills||Mar '16||KMartin||1|
|Condo board says arrangement to help disabled v... (Apr '08)||Jan '16||Dr j||357|
|Wife running out of patience with her husband's... (Jul '15)||Jul '15||Stetson||8|
|Lawyer Jeffrey Eason is dedicated to the people... (Jul '15)||Jul '15||Admiraty law not ...||1|
Find what you want!
Search Estate Planning Forum Now
Copyright © 2016 Topix LLC