Financial Resources for End-of-life Planning
When a loved one dies, settling finances can be a difficult process. Here’s what you need to do to ensure your retirement savings, investments, and other bank accounts are distributed how you wish.
In a recent report, Care.com talked about the importance of end-of-life planning and included My Life and Wishes as the “best on-line end-of-life planning and document service(s)”. In a related Article, Kim Komando names My Life and Wishes as one of her top picks on organizing end-of-life plans.
What information do people need to access in emergency situations? A trip to the ER may require: List of allergies, current medications, medical history, doctor contacts, family contacts, insurance information, photo identification. A fire or natural disaster may require: Identification documents, insurance documents, proof of ownership (such as deeds or titles), access to bank accounts for emergency cash, pet location information, medical information and family contact information. So where do you keep this information? Is it accessible and is it secure?
Over the last few weeks we have been talking a lot about passwords and security. At My Life & Wishes security isn’t just a feature, it is our foundation. Keeping your information safe and secure is our highest priority. We are happy to announce even more security is now available. Two Factor Authentication has been added to the My Life & Wishes service.
Today, we have drivers’ licenses, State issued photo ID’s, passports and other means of identification. These are regularly needed for everyday transactions. But what about proving who we are online? Today, hackers are getting better at figuring out our passwords. But we can do more by adding another layer of security, 2 Factor Authentication.