Unless you’ve written a pretty comprehensive will, you probably don’t even have a list of all your physical assets. But if you have made a list, you’ve at least thought about how hard it is to pull together details on your house, vehicles, collectibles like art, and valuable luxury items like jewelry, designer fashion, boats, and more.
In the event of parental passing, many families are left with a scavenger hunt to track down everything in insurance policies, receipts, and other paper records. Then there’s the physical discovery of things with no records to be found. In most cases, with or without a will, gathering important information can take weeks and weeks if your survivors have to pull everything together without really knowing what they’re looking for.