What if I die

snapping_crocodile

I am just going through probate for my dad who passed away in June. Part of the process is a detailed asset search which looks for everything he has. Luckily his paperwork was all very organised and I think I know everything he had from that, but the search is worth it to make sure i am aware of everything. The search will pick any outstanding shares and the like, so if your loved ones were to do this they wouldn't be lost!

Pee

I would keep an updated list with the copy of your Will - most people have a drawer with bank statements and insurance policy and that type of information in.

Reds-on-Sea

can't you notify the bank where your money is held who your next of kin is? or something along those lines?

unless it really is literally under a rock?

treasure hunt anyone?

owsaboutthatthen

I would also make a Will and keep an updated copy of your assets with your Will. DO NOT write on the original Will, as another poster said, it could invalidate the Will. Only write on a COPY if you need to.

BritRael

I gave a list of all my bank accounts, property and shares to my brother. Also left a will with my solicitor, which does not include all of the above.

grunnie

Get a list of all the bank statements for the last year - they will have the dividends for the shares added so it is easy to check what shares etc they have

sarymclary

You may find this thread useful to read, as it has lots of advice and information for what to do in preparation for the eventuality that you die, and how to deal with practical matters when dealing with another's death :
http://forums.moneysavingexpert.com/showthread.html?t=344578

There are ideas about making lists and where to store them.

roswell

^ all the advice you need has already been left ;-)

nervousftb_3

there was an article about this sort of thing in the times today - apparently www.legacylocker.com allows you to store online password and things as well as important copies of documents. never used it myself so no idea if it's any good!!
hth