Quote:
Originally Posted by Michael G.
My wife isn't interested learning about computers.
I'm worried about what will happen to our finances if I die before her.
I have all my username and passwords filed in the safe.
I try to have statements, (charge cards, Utility's bills, checking acct.) mailed to the house, but a couple are on auto pay that I pay on line.
What's your system?
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Good question. Several of the replies were helpful. Having been the executor of wills myself, I have spent several days making up a document I call "Will Assist", that lists all issues like what money comes in where, the names and phone numbers of of my brokers, insurance companies, etc. I also show where the key documents are located. I have not looked for a commercially available program like what I have done, but I imagine there is one. It really was not difficult to do; just took time. I Took a full month because I made notes of what happened daily in that month, and turned that info into a helpful suggestion/description. I then made only one copy of that document, and put it into our safe deposit box. The executor (our son) has access to that box. I made a second copy of the document, then sat down with him to answer any questions he had, then destroyed the copy that not in the safe deposit box. If you do this, go into mine detail such as under life insurance, give the policy number, and tell them exactly where the policy is kept, like wooden file cabinet, third drawer. Once done, it is easy to tune it up once a year or so.