You may have put a lot of effort in painstakingly collating assets and life savings in the form of bank accounts, mutual funds, policies and other forms of investments, but would have never found the time to share the updated information with your next of kin. PlanBye urges you to keep all information, documents and passwords to online access in one place, so it can be easily reached after you’re gone. Despite having all documents with them, families have to make a lot of effort in navigating through systems to retrieve what is due to them. By updating the Protect feature regularly, you will save them the hassle of figuring things on their own and reduce the chances of missing out on any specific saving that you may not have shared while living.
Investments & Wealth
You might have proactively made financial investments as a protective cache for the future. Everything would be rendered useless if not accessed in time after your death. Use PlanBye’s Protect feature, to safeguard the interest of your loved ones, by collating all important details of you bank accounts, policies and funds here. Also upload all policy documents so that you have a digital copy available anytime.
Credit Cards, Paytm, Other Financial Assets
Any other assets that have a financial implication can be listed in this section. Credit cards, online payment platforms and any other place that needs a handing over can be mentioned here.
Insurance & Medical Policies
Insurance and medical policies are some of the first investments we make to have a provision for the future. But these are mostly attached to an event like health situation or death, and hugely benefit the next of kin. Keep your loved ones updated on all such policies, their maturity date and details of accessing any benefits in this section.
Property & Other Assets
Property and large assets are often the bane of contention between families, no matter how loving. It is imperative to keep these documents (related to vehicles, capital goods, land etc.) updated and clear on all accounts, so that there is no ambiguity on ownership or inheritance. You may want to keep some of these details unrevealed till your passing. It is a good idea to keep them ready to be accessed, so your loved ones do not get entangled in legal complications later.
The first step and hardest part of leaving your legacy is planning for it. PlanBye helps you organise your thoughts by offering a simple structure on the platform that you can follow easily. This feature handholds you to plan your last wishes or funeral details, sending written messages of love for family members and friends and organ donation information amongst other things. This section also has instructions on creating a DNR and advance directives in case of a health complication. The Planning feature on PlanBye eases you into the eco-system of leaving a relevant legacy for those who matter to you. You can share each detail separately with your next of kin to execute in time.
Last Wishes & Funeral Planning
While we all know that our life on earth is timed, we do not pay much thought to a last wish. In this section, you can leave specific instructions of following through with a last wish. It could be your cremation or funeral preference, a specific task that needed to be completed or passing a message to a loved one.
Advance Directives
Another medical related document that comes in handy in case one is rendered uncommunicative despite living is an ‘advance directive’. This is a legal and written instruction regarding your preferences for medical care if you are unable to make decisions for yourself. You can also specify choice of physician and who the caregiver should be in the case of terminal illness, dementia, injury and such.
Donation of organs
This space can also be used to update your organ donation details and share with the custodian of this information after your death. Find out how to get an organ donation card here (link). This will also remind you to keep this information handy on you at all times.
Do Not Resuscitate
‘Do Not Resuscitate’ or a DNR is a common terminology to use when you do not want to be on life support system for a long time in case of a sudden medical condition that leaves you in a state of permanent state of unconsciousness. This dilemma is often left to the family, in continuing to keep a person alive artificially, or remove support for a painless and easy passing. Find a DNR format here to full and sign in the case of such an eventuality.
Letters and Messages
There are messages that you may want to leave for your loved ones, only after your passing. The platform offers you an easy to access to write a message, review it and publish once satisfied. You can also edit it at any point of time. By leaving this, you will be offering a tremendous gesture of nostalgia, love and care to the ones left behind.
Digital Life Post Death
While your life may be timed, your digital presence can be immortal thanks to the World Wide Web. You can choose to erase this permanently or keep it living after your death. Depending on your comfort, leave the login ids and usernames to all your emails and social media handles to be deleted or maintained with instructions. Social media companies usually deactivate an account on request of an Executor or verified family member upon receiving a copy of a death certificate and other documents.
Preparation for a future that you may not be part of is one of the most thoughtful things that you can do for family members who continue to live after you. Preparing a will is one of the most common but overlooked parts of this. Procrastination and the assumption that it involves a complicated legal process often dissuade people from creating one. In this section of PlanBye, we offer an easy online tool to create a living or legal will. This covers the step-by-step procedure of filling the essential fields, taking a print and getting two witnesses to sign in order to make a legitimate will.
Legal Will
A legal will allows you to declare with clarity, aspects of inheritance of big and small things after your passing. This includes property, investments and even small things that have an emotional value. By creating a will you will be able to mitigate any ambiguity and reason for others to spar over your belongings and assets. Contrary to common perception, a legal will can be made easily. We provide you with step-by-step sections to draft with accurate terminology, post, which you can get it signed by two witnesses and save it in the same section.
You have worked hard to earn and build assets for yourself and your family. Take the step to organize and automate life information so it is shared with deserving family members and dependents in case something happens to you.