August 2, 2018

Could your loved ones figure out your finances if you died?

You might gain a great deal by having several investment accounts, but if you were to suddenly pass away, your family might not benefit from your careful investing. While it isn’t a topic we like to consider, it’s important to plan for and ensure that your family can find and make sense of all the accounts you have which make up your estate. One solution may be a new company called Onist that will consolidate and keep all your information for a nominal yearly fee. This may breach some of the agreements you have with your financial institutions, so it’s important to speak to a professional to help advise you on the best approach for you and your situation.

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