Does your next of kin know your passwords?

If something happened to you, say you were hospitalised, could they access your social media or email accounts for you?  Could they withdraw cash for you?

If you lost your wallet, do you even know all of your online and telephone passwords to get online check if anyone has drained your accounts?





It is important to be protective of your passwords but there are a lot of instances where you might want someone other than you to be able to access them.  For instance, if you:


  • Have died
  • Are in hospital
  • Have a short or long term loss of capacity
  • Are overseas
  • Are sick (say with the flu) and need someone to help you



Someone who you trust

If you have someone that you trust in your life, you should really have a list of these passwords and tell that person where you keep them.

If you are keeping a physical list, like on a piece of paper, make sure that it is somewhere safe (so the home robbery doesn't' also result in a loss of this information) and make sure it is up to date.

Digital or online lists are easier to keep up to date, for instance in your email account, but they might also be easier to hack.



Passwords are important

We aren't saying to just leave your passwords lying around for everyone.  It is important that they are secure.  The button on the left will take you to an article on Unwanted Contact which is about getting people to leave you alone, but it includes a good section on properly setting and protecting your passwords.  If you don't have a system for setting proper passwords and recording them, it would really help you to read that article.



Planning is important

Estate planning is important, but most people put it off, sometimes until it is too late.  It is easy to fix something later, for instance changing who will look after your children or who will be your executor.  What is harder for your family is if you haven't turned your mind to this at all.

If you haven't started your Estate planning you should make an appointment to see one of the solicitors at Coode & Corry today.  The initial appointment is free, they can let you know what you need to do and how much it will cost, and get you heading in the right direction.





More Information

If you want more information about Estate Planning then you could click on the button to the left to read more of our articles on that topic.