You've made your will and named a friend as executor, or you've executed a Durable Power of Attorney for Financial Matters and appointed an agent to handle your affairs while you are still living but disabled.  But does your agent or executor know everything he or she needs to know to manage your affairs, or administer your estate, successfully?
 
Here are a few of the things your agent or executor will need to know:
  • Your personal information - name, address, phone, drivers license number, social security number, date of birth
  • Information about your current spouse, any former spouses, and children
  • Military service record
  • Primary care physician
  • Any insurance policies - health, life, accident, disability, home, auto. Policy numbers, name of company, beneficiary designations, agent to contact
  • Bank accounts
  • Retirement accounts
  • Electronic information -- passwords to computer and smartphone; email addresses and passwords; any social media accounts - name and password; password to your home wireless network
  • Alarm codes to your property
  • Persons to notify of your death, with contact information
  • Professional advisors -- lawyer, financial planner, accountant
  • Vehicle VIN numbers
  • Sources and destinations of automatic deposits/withdrawals from bank account
  • Credit and debit card numbers
This is not a complete list.  Call me to prepare your estate planning documents to make sure your agent and executor have all the information they need to carry out your wishes.
 

    Author

    Sharon K. Lowry, Attorney at Law with experience in probating Wills and in navigating the process of administrering estates where there is no Will.

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