It is a bit of a precarious subject, but you should think about it. Certainly when your website is a solid source of income.

What happens when you die?

- 1. Bank accounts

All your assets will be frozen, your bank account, your credit card, etc. until it is clear who will have access to it.

Often the amount in the bank account is decisive. For example, if there is not much on it, the access is released earlier.

Keep in mind that a certificate of inheritance costs around $ 600 when you need this.

Many people think that they can prevent this paperwork for their relatives by authorizing someone to manage their account. But an authorization expires in the event of death. This also applies to a proxy, which is recorded in a life testament. Anyone who wants to appoint someone e.g an executor to arrange his bank affairs after his death must have a will written. On the other hand, this executor cannot arrange matters before the death. An executor needs a statement of execution to gain access to a checking account.

Banks often have a surviving relatives service or counter to help settle the banking affairs of a deceased customer.

Page 2 - Life insurance

Page 3 - Website access

Page 4 - Wealthy Affiliate

Page 5 - Affiliate companies



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mybiz4u Premium
Thnx Loes, awesome tutorial as always. Hope you are well.
M
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Loes Premium
Just fine, how are you?
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ExpatMark Premium
This tutorial will be alot of help for everyone down the road. I got it bookmarked for about 2056. Hopefully I will not need it until then. Thanks for sharing another wonderful post.

Mark
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Loes Premium
I think I will need it before 2056, I will be 96 by then;)
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laparra1 Premium
That is peanuts Loes.
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ExpatMark Premium
I will be 95. My grandparents and my 26 aunts and uncles average age of death is about 92. I am a Personal Trainer/ Nutritionist and just won Planet Fitness IronMan competition against trainers half my age.(167 miles in 5 days). Good genes run in the family, so 95 is very doable.
At the rate this world is going though, I may go bat-shit crazy by then. lol

Mark
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Loes Premium
It's not what I am aiming for Mark, my mom is 92, and she has every month a funeral to attend to, it's getting lonely at the top
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ExpatMark Premium
All but 2 of the family lived in Tennessee, so I went to 32 immediately family member funerals (grandparents (4), parents (2), aunt and uncles (26) very early in life. But I was blessed to have my parents both live to 90.
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Loes Premium
That must have been a hard time
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MarionBlack Premium
My son is the nominated executor of my will. He already has full access to my hosting account and I periodically email him my list of usernames and passwords for all my online business dealings as well as the code to access my computers and mobile phone.

He's not expecting to need any of this for a long time but it's a good idea to be prepared.
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Loes Premium
You are very wise, Marion, you never know when it's needed. My husband is aware of my passwords, and my daughter too.
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Lazyblogger Premium
Thanks Loes.
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Loes Premium
You're very welcome David:)
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LauraFuller Premium
Loves, I have spent my whole life in nursing. Nurses think about this kind of thing as if it is just a part of life.

Just a couple of days ago I was talking to my husband about my websites. He knows absolutely nothing about them.

This information is extremely helpful for us.

Thank you

Laura
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Loes Premium
Glad to be of assistance Laura:)
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Dave07 Premium
Interesting training. We don't like to think about what happens when the inevitable occurs but it's good to prepare for it.
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Loes Premium
Thank you, I saw this question come around, and it made me think, yes, what if...
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