3 Most Uncomfortable Estate Planning Questions
What happen to your bank accounts with online passwords?
We currently have online bank accounts and various e-wallets. If you haven’t shared this information with family, they may find it difficult, if not impossible, to access necessary information to fulfill the requirements of your estate plan.
If you both are not around, who will raise the children?
It’s hard to imagine both of you passing away simultaneously before your children are old enough to take care of themselves. If you don’t plan on what should happen to your minor children, you are left ‘intestate’ or without a will, then the courts will.
Have you named all of your beneficiaries for your all your assets?
Nearly all of your assets and accounts allow you to designate your beneficiaries. If you did not name your beneficiaries, your assets may not be divided in accordance with your wishes.