Estate planning is the kind of thing we spend our 20s, 30s, and 40s vaguely worrying about, but not actually getting around to. Who even knows how to write a will?
But COVID-19 has changed all that. According to research by LegalZoom.com, 32% of people between the ages of 18 and 34 reported making a will during the pandemic. And 21% of that cohort acted specifically because they or someone that knew had the virus.
But wills and living trusts are only one piece of the estate planning puzzle. Dying – and, in particular, dying unexpectedly – can leave your survivors with a mess to clean up, and dilemmas to resolve.
Do all the affected parties know where you keep your important documents? Heck, do YOU know? Are your passwords written down anywhere? Do the people around you know who to contact if you die? Has anybody agreed to look after your goldfish?
There’s a good chance the answer to all of these is a big fat “no”.
Fortunately, there’s a simple solution. EZ Estate is an ingenious new app that takes care of pretty much everything by providing detailed instructions on handling every conceivable aspect of your estate on a single encrypted, passcode-protected platform.
EZ Estate lets you organize your instructions into categories and subcategories. For instance, you might want to file contact details for your accountant, your attorney, your doctor, and so on under “Important Contacts”, while any personal messages you might want to leave can go under “My Personal Documents”.
The full list of categories includes “My Financials”, “My Important Contacts”, “My Personal Documents”, Miscellaneous”, “Gifts & Personal Property”, “Pets”, and “My Funeral”.
Filling these sections in is easy and straightforward, and the app even uses a clear spoken audio interface to guide you through the setup. EZ Estate also keeps track of your progress and lets you know which categories and subcategories you still need to complete.
EZ Estate even lets you detail your outstanding debts and monthly bills, so that your next of kin can get the tricky financial stuff squared away without having to do any tiresome detective work.