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Protecting personal information before death

Planning for the end of one's life requires not only organizing the details for final arrangements, but it also includes the implementation of information security strategies. This is essential due to the type of documents and account passwords that need to be accessed in order to finalize or close out one's estate. The security measures that many take to protect their personal information prior to their death can preclude loved ones from being able to access important electronic records.

If families want to avoid not being able to access a loved one's documents so that the estate can be settled, a plan should be developed so that every family member will know where crucial information is located. The first strategy is to designate a safe place for passwords such as a home safe. Safety deposit boxes offer some level of security but make it difficult to access information until probate is in charge of the estate.

Some websites also offer password storage for those who are comfortable with this type of service. While this option is not highly recommended, it can be useful. Another strategy is to utilize the master password or password splitting method. This is done by distributing some passwords to a family member or partner and giving the rest of them to an attorney.

If both partners pass away simultaneously, it is recommended that a second attorney is used as a backup password security source. Password security should be a simple process, and important documents and phone codes including bank account information should be compiled in a list. When the time comes to access the information, the process will be easy. An estate planning attorney can also provide power of attorney, living will, last will and testament, trusts, and disposition of remains legal services.

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