I’d like to help clarify one thing. A will only comes into play at death. A durable power of attorney is the document you need while living but unable to make your own decisions as a result of an illness or incapacity.

There are two types of these durable powers. One for health care medical decisions and one for personal/business such as the business accounts, your multiple revenue streams, your debt, and your other royalties and rights you mentioned in your article. It is important to name someone you trust to handle the decisions which you are unable to make.

As far as passwords and usernames you are so right! I found a wonderful tool which not only allows you to automatically log into your various accounts but will also allow you to easily print ALL of your private information and easily put it in a safe place along with your other important documents. This software is recommended by PC Magazine, Wall Street Journal, CNET, and PC World.

One other thing I’d suggest is disability insurance and/or business overhead insurance.

Thanks for a great article on an important topic.

Lynn, Money Coach for Women