If something happens to your spouse or a family member, would you know how to access their financial information to pay the bills of handle their social media?
Michigan News Network Business Editor Murray Feldman says you should be making provisions for that now.
“Attorneys will tell you that you should have documentation, you should have an estate plan, and in that estate plan there should be documentation as to where those passwords are, who has access to them, how to gain access to them, and designate somebody — just as you would to take care of your kids — somebody to take care of those passwords.”
Feldman says the same holds true for social media accounts so those don’t remain active if someone passes away.
