Creating Your Own Dead Box (Digital Financial Life)

On The Money Nerds Podcast we are tackling the not so fun, but oh-so-important topic of creating your own dead box.

What is a Dead Box? And Why You Need To Create One

A “Dead Box” is essentially a digital folder of all the important financial documents that your loved ones would need for when you pass. Having this information organized, updated, and easy to access is one of the kindest things you can do for your loved ones.

That way they are can focus on grief instead of the overwhelming task of trying to figure out what your passwords are, how to pay your credit card bill, what accounts you have open, and anything else that might help them handle your estate.

What Information To Include In Your Dead Box

Joining me for this episode is Jeremy Schneider. He’s the founder of Personal Finance Club and Nectarine (a platform that pairs you with a fiduciary financial advisor for a flat-fee with no ongoing commitment required).

Last time Jeremy was on The Money Nerds podcast we talked about his journey to building a $5 million net worth– this time we’re taking a different direction.

In this episode we dig into a sensitive, but important topic of how to organize and collect information for estate planning in one easy-to-find place.

We dive into:

Where the idea of “dead boxes” came from
Exactly how Jeremy organizes this info
Writing an “I’m dead” email to your estate executor
Protecting your financial information
General tips for what to include in your own dead box

I know this is a heavy topic for so many people, but hopefully you’re inspired to make your own and give your loved ones the gift of being able to focus on grieving instead of tackling the mountainous task of trying to figure out what the eff is going on with your finances.