I’m not sure about others, but in many cases I no longer get paper statements whether it be for bills, insurance, investment accounts, etc.  So if something happens to me, how will my family know what assets I have?

The four main areas to track are:

1 – Financial Accounts;

2 – Human Resource Components;

3 – Internet Accounts; and

4 – Key Relationships.

In this digital day and age, it’s important that we leave “breadcrumbs” for our family to locate these assets.   As the attached article states, put all of this information in a single place and make it an annual ritual to update your list.

https://www.forbes.com/sites/megangorman/2018/04/27/want-to-have-an-organized-estate-plan-track-your-passwords-and-accounts/#567ba1b32ac9