« Data miners prey on elderly | Main | BLS publishes info on elder care workers »
May 21, 2007
Paperless world can leave heirs in the dark
From the Wall Street Journal:
As people increasingly go "paperless" -- using the online features of banks and brokerages to manage their accounts -- it's complicating the process of helping your heirs sort out your finances once you're gone. The problem: If you don't keep careful records, your family might not even know where to start looking for accounts. In a worst-case scenario, some assets may never be found. But at the same time, you don't want to recklessly list all your private financial-account passwords somewhere for a bad guy to find. That would be an invitation to theft. There are several smart steps to take to build a roadmap to your assets. The five key components: information about your assets, names of advisers, details about safe-deposit boxes, your estate-planning documents, and a few other important documents.
Read more here: http://online.wsj.com/article/SB117953111226908170.html?mod=rss_markets_main
May 21, 2007 in Estates and Trusts | Permalink
TrackBack
TrackBack URL for this entry:
http://www.typepad.com/t/trackback/89778/18661836
Listed below are links to weblogs that reference Paperless world can leave heirs in the dark:



