What happens if I (we) die?

I've been wondering about this from sometime now. I have an amount in my PayPal account which I dont plan on withdrawing for few months. So I was thinking, if someone with a paypal account dies, what happens to the amount? There is no way to nominate someone, is there?

-- Naif

 

Put the username and passwor din your will ?

 

It makes you think doesn't it?

I'd include details to my paypal account in my will, as well as google adsense etc.

But then what'd happen to your websites?

 

Take a look on this article in lifehacker, though it applicable for email account;
http://lifehacker.com/software/email/what-happens-to-your-email-when-you-die-202866.php
http://lifehacker.com/software/passwords/geek-to-live-securely-track-your-passwords-184774.php

 

Too bad! You're still thinking about money after the person is dead...LOL

 

It's still your money so it'll be classed as part of your inheritance. Just make sure that you leave your family details of the accounts where you have money.

 

Sure. Or else it would be such a big waste.. I'd want someone to get whatever is rightly mine. And I dont think writing these details like username, password in a will would be safe.

 

when u die you die, who cares about the money!!

 

I'm not gonna die with you, You must transfer all your money to me. I'll keep it for you. lol

 

Hey,

Simple.. Dont take such a chance. Even if you have a substantial amount in your Paypal account, just transfer to your personal Bank Account so that some else will enjoy when you die.

So all guys who are waiting for a better exchange rates or save taxes or some other reasons.. treat this post as an eye opener...it is humorous in one way, but we all know.. life is quite unpredictable.. why let your hard earned money go down the drain when you die... Just transfer it to your account.

If the money is low say about 100 $ , dont worry.. ignore it.. if we have an access at the top.... we will inform our dear ones about it...

gopal

 

As soon as a person is dead and the bank gets notified. all his bank accounts/cards will be frozen so I hope that family will be smart enough to do paypal withdrawal and wait few days until money is in the dead person bank then tell the bank that this person is now dead

 

Don't worry, write a nice will, list down ALL your assests in the e-World

 

you won't die too soon. this world needs you! LOL

 

Lollllllll No World need me ;D

 

i have discussed about that some months ago in another forum... and this is very important, take my words
i will write this before i read both articles that are in bobchrist's post

to start things: everybody can die suddenly, thats a fact and nobody can change it, so face it and do the right things to give your children, parents, relatives what they deserve

the first thing you have to think is how much you have invested in the industry and how long you took to have the portfolio, websites and everything else... probably you had a hard work

if i were you (i already did that) i would do a file with everything i have in this business... do you think that everything you have to do is to say what your passwords are?
no, it isnt... is everybody in your family familiarized with this stuff? i mean manage names, keep a website working and all the rest?
probabl there are people here that have a family that the only person that understand this business is YOU (it happens with me)

so what did i do?
i did a file "teaching" them how to manage the registrars where i have most of my names (the others are similar), told them where my funds are and how to transfer them and, of course, i wrote all my usernames and passwords there... this file is with me but 2 people know where it is

it is just a piece of advice

hope it helps

 

It is very good to think about what will happen to your money after you are dead, especially if you have family that you will be leaving behind. If something happened to me I would want my wife and children to get any money that was owed to me or held in an account such as PayPal.

 

You should formalize a plan, incase something happens to you. share it with your family and loved ones, that in case if something happens to you, this is what they should do?

about the money in paypal after trasitioning to next life? maybe you should ask paypal about that. and tell them to make a statement regarding something like that.

 

Its a good idea to have all your online accounts and passwords written down somewhere. If you die or are disabled then your family or designate can manage your business affairs, make sure domains don't expire, etc....

 

You can write a will to me including your login/password info to me and send it to my email

 

hahaha...I thought of that also. I think I'll just write down the password and username for my kids and hid it somewhere in an envelope and finally... labelled "to be opened once I'm gone"