As a trusted custodian of your digital assets, We understand the significance of proper financial planning. Beyond your digital footprint, your physical assets also require meticulous organization to ensure a smooth transition to your loved ones.
Let's delve into the five key financial documents that you should make accessible to your family:
1. Insurance Policies:
Maintain a comprehensive list of all your insurance policies, including health, life, vehicle, and personal coverage.
Keep these documents in a secure, easily accessible location.
Note the contact information of your insurance agents for reference.
2. Banking Information:
While you may not use your checkbook after you're gone, it remains a valuable asset.
Keep a record of all your bank account numbers, including debit card information.
Consider storing this information in a digital vault or an app for added security.
3. Bank Lockers:
Many individuals choose to store important documents and valuables in bank lockers.
While you may not want to disclose the contents of your locker during your lifetime, it's crucial to inform your family of its existence.
Provide them with the necessary information to access the locker.
4. Investments:
Maintain a detailed record of your investments, including mutual funds, stocks, bonds, and real estate.
Use an Excel sheet or dedicated app to track your assets.
Consider consolidating your investments to simplify the process of transferring them to your beneficiaries.
5. Property Records:
Safeguard your property records, such as deeds, titles, and home buyer agreements.
Keep copies of these documents in a secure location.
If you own property in a cooperative society, ensure that you have the original share certificates.
By organizing these essential documents, you can provide your family with the necessary information to manage your financial affairs seamlessly after your passing.
Your journey to inheritance starts here.
Kustodian.life empowers you to make informed decisions about your estate. We provide an app to store important information as above and connect you with legal professionals who can guide you through the process, ensuring your legacy is protected and your wishes are carried out.
Take control of your future, today. Visit Kustodian.life to learn more.
Comments