New York residents often use passwords to secure devices or limit access to bank or other accounts. When a person passes away, it is important that an executor or other authorized agent knows these passwords or where to find them. There are many different strategies that an estate owner can use to keep the necessary information organized and easy to find after passing.
New York residents and others may not like the thought of estate planning. However, reviewing a plan on a regular basis can help to ensure that it does what an individual wants or needs it to do. For instance, a review session can help to identify whether there are critical components that need to be included. These components could include a will and powers of attorney, and those components should be updated at least once a decade.