Step 2: Get your banking and finances in order
When planning for end-of-life, consider reviewing bank accounts, insurance policies, superannuation or pension details, as well as Medicare and health insurance and other, similar financial records.
When planning for end-of-life, consider reviewing bank accounts, insurance policies, superannuation or pension details, as well as Medicare and health insurance and other, similar financial records.
It’s worth sifting through your papers and keeping all your current financial documents in one place, while archiving or safely destroying documents that are no longer needed.
More information about digitising key documents for easier storage is available on Starts at 60.
Other important steps to get your finances in order include:
It’s important to note that policies differ from bank to bank. Therefore, include any financial institutions in the planning conversation. If you have previously lived overseas, be sure to include foreign bank accounts in your review.