You should also have a detailed document with what you have and what you want done with it when you die. If you want stuff tossed in the trash, ensure you leave money aside in your estate to cover a dumpster or other trash pick up service. The last thing your family needs to deal with is your sh*t. You should have this all set up.
Same goes for your digital life. List this crap out so your family is not stuck holding the bag, especially for financial accounts.
All of this documentation is kept in a binder, the location of which is shared with your spouse or kid(s). If it is in a safe, then you need to have the safe code provided to your attorney, or in a place where people know where to get at it when you die.
If you have done things properly, you have also pre-paid or set money aside for your funeral arrangements. This way, when you die, your family can focus on healing.
2. Plan for guardianship/conservator ship as appropriate
3. House owned by joint tenancy w/ right of survivorship or jusrisdiction’s equivalent
4. Transfer on death / payable on death beneficiary for bank/equity accounts
5. Trust
6. Will that dumps anything unconsidered by the above into the trust
If any of that doesn’t immediately make sense, go see an estate attorney. A wise investment for anyone who will die.
Oddly, for a couple that swear they never want to end up in a nursing home, they ended up bringing the sterile feeling of a nursing home to their own home.
My death plan is to ensure that I have no debt, and that the electronic information (passwords, certs, locations, etc.) is up to date and available to my family after death. My attorney will be my estate's executor and everything goes to my kids. Any disputes are mediated by the executor, but I doubt there will be.
What I suggest to them is to hire an estate sale company to handle selling off whatever remains after they've taken what they want. That way they don't have to deal with it themselves and will at least get a little bonus cash from it.
vultures of many types, come circling and can feast, if it lands in the lap of a court appointed executor