Organization Is Key to Respecting a Person’s Final Wishes

If you want to transfer your Bitcoin holdings to your children upon passing, you can write that in your will. However, if no one knows where the account is or how to access it, your intended beneficiary likely won’t receive it. The same is true of any other asset that you obtained while alive. Therefore, it is critical that key information is kept in one place where it can be easily accessed.

Most Information Can Be Stored Online

A copy of your will, bank statements and other statements will likely be stored online. You may also be able to keep a list of passwords stored electronically either in the cloud or on a thumb drive. Ideally, you will make multiple copies of all relevant information in case the digital versions are hacked or otherwise compromised.

Get a Safe Deposit Box at a Bank

Most banks will allow you to keep a safe deposit box for your valuable items. This may include the title to a home, car or similar asset. It may also include a paper copy of your will, passwords to social media accounts and anything else that needs to be kept safe and private at the same time. You should name one or more individuals who are authorized to access the box both after passing as well as at any point that you become mentally incapacitated while still alive.

Your Attorney Can Help Organize Documents

An estate planning attorney in Las Vegas may be able to help you organize critical documents. In fact, he or she may offer to store them in his or her office for safe keeping. This may be a good idea in the event that your lawyer also serves as your executor.