With the prevalence of automated bill payments options, many people have set up online accounts for the seamless payment of all the common household bills.
Paperless options can streamline and simplify those recurring monthly bills. However, it is important for married couples to analyze how these payments and notifications are sent in the event a spouse suddenly passes away.
For example, let's look at a common scenario. Bill and Mary Sample have been married for 40 years. Everything they own is jointly titled, or so they believe. Bill has set up all the monthly household bills to be automatically paid through his VISA credit card. Mary also has a linked VISA credit card under the same account but with a different number. Bill has also selected the paperless option to reduce wasteful paper usage.