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Joined 1 year ago
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Cake day: June 26th, 2023

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  • I use a Deadman switch I wrote myself. I have an encrypted vault that contains information that my wife/children may need to gain access to our health benefits, my life insurance policy info, my PII (code to my personal firesafe containing my SSN, birth cert, etc etc.), my bank account info, steps to file for debt forgiveness on my CCs (I pay a small amount per 100 dollars on my CCs that will wipe them if a supported life/death event happens), college tuition savings accounts for my kids and more.

    Basically my goal is to make sure that my family has access to all of our assets and money since I manage our finances, and they have enough Info to change any accounts over to their email and info. I haven’t told them yet but I have been stashing money as well (both in physical cash and a max contribution Roth IRA). If I ever die, I try and keep enough money in cash that no one knows about that will pay for all of their living expenses for a minimum 1 year. Since I do all of the budgeting, I can account for this before the spendable money is made aware to everyone. They would probably hate me now since we run pretty tight on money, but if I ever die I think they’ll forgive me.