Good Records

It is important to keep good records for Probate.

The use of online tools e.g., for banking means that there is less and less of a paper trail and with biometric logons for smartphones and pcs, there are fewer usernames and passwords

During Probate, this can create problems for administrators attempting to locate assets and liabilities to a deceased’s estate.

It is therefore advisable to keep records in some hard copy format, e.g., a list of assets and liabilities, usernames and passwords to be stored, alongside one’s Will.

By doing so the process of tracking down a deceased’s assets and liabilities are not unnecessarily prolonged, nor are the administrators exposed to preventable liability for entries overlooked.