Not to be macabre, but hey, the reality is we all die one day. Whether you've had a recent health scare (like me) or just want to be proactive to protect and help your loved ones, I thought I'd start a thread to crowdsource tips, gotchas, risks around this and share what I'm doing now:
Long story short I had a health scare recently that forced me to face mortality. I have a young family and am relatively young (though I well into being a man according to Mike Gundy) and so the stress of dying is actually more about leaving my family capable and comfortable more than my leaving the earth.
Luckily I was smart or dumb enough to take out a sizable life insurance policy when I was young and healthy, cheap term life insurance that pays out a few million. I have a bit of savings across a few different accounts. I've bought one of those "I'm dead now what" journals and started writing in all the website details, username, log-ins, etc. to help in case of an untimely demise, along with downloading all policies and files and putting them in a convenient folder and dropbox.
What else should I be thinking of?
I need to update my will, any recommendations there?
If I have a timeframe I know I will pass within (if prognosis turns bleak, for example), should I be proactive about selling the big house they can't afford without me and downsizing and getting some more liquid for the short term?
Has anyone pre-bought a funeral service? Any recs there?