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.