Making sense of illness, death and taxes through the eyes of Attorney and Author, Melinda Gustafson Gervasi
Wednesday, May 19, 2010
Don't Forget Your Digital Life When Planning
More and more of my clients are receiving and or paying bills on-line. It is a great way to reduce paper use and be more efficient, however, you want to make sure you leave some sort of paper trail for loved ones in the event of your illness or death. Why? Well, in order for bills to be paid, the person paying them needs to know about them. If you receive a monthly email invoice for the credit card, remember, no one else will know about it if you are in the hospital or deceased. A simple solution is to keep a list of what bills you receive on-line and from what institution. Keep the list with your will and powers of attorney. It will give those in charge a good place to start when they assume responsibility for your financial affairs.
Melinda Gustafson Gervasi is a Madison attorney and author whose current practice focuses on estate planning and probate. She is committed to increasing the public’s understanding of estate planning and probate issues. In 2013 she released her first book, Middle Class Philanthropist where she illustrates how anyone can leave a legacy. Gustafson Gervasi Law Office, LLC, 5555 Odana Rd., Suite 205, Madison, WI 53719
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