06 Get Your Data In Order

I’m Miriam Neff and I’m Valerie Neff Hogan with Wise Women Managing Money.

M My heart breaks when widows contact me about discoveries after their husband’s death.  Unknown debt, no organized records, location of accounts, bank and investment, no access to needed resources quickly.

V It’s loving to keep track of your personal financial information.  Both spouses should know all about the financials.  Have a specified place to which both have access that contains the key, and location of the safe deposit box.

M We know of countless scams where savings accounts were emptied.  ‘New friends, even kind caregivers should never have access.  Only a trusted one who has power of attorney should know your passwords.