If you want to die without fear, one of the things you need to do is get together all the information that those you love will need to carry on after you’re gone.
It’s easy to procrastinate on preparing the necessary documents. Most of us say, “That can wait till I’m older, and closer to dying.” But remember - the inevitable might come sooner than you think - perhaps as early as today or tomorrow, in the form of an accident or unanticipated illness.
So, where do you begin?
On July 2, 2011, Saabira Chaudhuri had an article in the Wall Street Journal entitled “The 25 Documents That You Need before You Die” that is an excellent place to start.
Here’s a link to the article. I hope you will read it!
One of the most frequent errors made by people who die unexpectedly - or even those who die with knowledge that the end is imminent - is failure to list bank accounts and other places where money is squirreled away. According to the National Association of Unclaimed Property Administrators, state treasurers currently hold $32.9 billion in unclaimed bank accounts and other assets. Does your spouse or someone else close to you know how to find your various accounts, and have you made provision for that person to access your accounts? If you wish, you can search for your own unclaimed assets at MissingMoney.com .