It's essentially a guidebook to the NFO and executors of my will for how to manage our affairs.
I update it once a year or so and give a paper (yes, paper) copy to those who need it for safe keeping.
Over the years, however, I realize just how complicated it is becoming to communicate the various, far flung elements of our financial life.
How about a site that has a username and password and requires 2-factor authentication in the form of a text message or a Google Authenticator random series of numbers?
Now, you don't just need my password, you also need my phone...and you need the password to my phone.
And what if I change the password in the middle of the year?
Now, you need access to my online password manager, with its own username and password and text message.
And what happens if my phone is destroyed in the accident that takes my life prematurely?
Now, you need to be able to access my email accounts...but that requires my phone.
I don't even know how to work around all this. Just doing my best.