In many relationships, one person often handles the finances and bill payments. But what happens if that person becomes ill, injured, or passes away? A Plan B document can provide key information to ensure your loved ones can manage finances smoothly during difficult times.

What things to include

• IRD numbers
• Bank account numbers
• KiwiSaver investor details
• Power, phone, rates information
• Insurance information
• Savings and investment details
• Estate planning details – Wills
• Subscriptions like Netflix

Head to our Useful Documents section and download your copy of a Plan B worksheet.

Keeping all passwords secure to access this information is crucial. Consider using digital online facilities and storing paper copies in a safe or with a trusted family member or friend.

Future proof your digital life

In today’s world, so much of our lives are stored on our phones – photos, contacts, important documents, even banking and insurance details.

But what happens if something unexpected happens and no one can access that information?

That’s why setting up a legacy contact is a practical, proactive step that ensures someone you trust can access your digital information if needed. The link below takes you to the step-by-step guide to add a legacy contact on your iPhone or Android.

This information is of a general nature and is not intended as personalised financial advice. RIVAL Wealth is a Financial Advice Provider (FAP) licenced by the Financial Markets Authority to provide financial advice. Our disclosure document is located at rivalwealth.co.nz or a written copy is available on request