So what if you die? - GoFuckYourself.com

selena · 01-02-2006, 03:53 PM

With the new year, and all that, I'm trying to figure out the best way to make provisions for my business stuff in the event of my death.

My 18 year old knows what I do, so that helps.

I know I should have a hard copy of all my passwords and such.

What are some other things a person should have in a tidy informational package?

StuartD · 01-02-2006, 03:54 PM

if I die, my sites die... except for one.

RedShoe · 01-02-2006, 03:55 PM

How about a living trust? Do you have a corp setup yet? life insurance? I doubt a single list of passwords will help.

Peaches · 01-02-2006, 03:57 PM

Don't forget a living will and health care power of attorney so you can DIE if you're a vegetable.

My biz would go with me.

xclusive · 01-02-2006, 03:59 PM

I actually have a notebook with my business plans for the next 6 years and i'm always adding to it. i also have trained my wife how to do most of the stuff needed to keep things up and running. I have a seperate notebook with all my passwords and financial info. So things should go on for a long time after i'm gone.

RedShoe · 01-02-2006, 04:07 PM

Quote:

Originally Posted by xclusive

I actually have a notebook with my business plans for the next 6 years and i'm always adding to it. i also have trained my wife how to do most of the stuff needed to keep things up and running. I have a seperate notebook with all my passwords and financial info. So things should go on for a long time after i'm gone.

What if you die in a house fire?

ffmihai · 01-02-2006, 04:13 PM

Quote:

Originally Posted by RedShoe

What if you die in a house fire?

stop watching those movies

RedShoe · 01-02-2006, 04:17 PM

Quote:

Originally Posted by ffmihai

stop watching those movies

What movies? I'm just commenting that he keeps it all written in a notebook, well... what if his notebooks burn up and he dies in a fire? Is there a movie based on that?

selena · 01-02-2006, 05:00 PM

Quote:

Originally Posted by NichePay - StuartD

if I die, my sites die... except for one.

What about residual income?

You have any rebilling accounts out there?

Love Sex · 01-02-2006, 05:02 PM

register domains for 10 years

selena · 01-02-2006, 05:02 PM

Quote:

Originally Posted by RedShoe

How about a living trust? Do you have a corp setup yet? life insurance? I doubt a single list of passwords will help.

You are right, there are things much more important than passwords, and some of them I indeed need to set up. A corp comes this year, after I can figure out if that or an LLC is best.

That aside, the passes can be important in terms of allowing him to see where funds should still be coming from. ie, knowing what CCBill is, and how to log into it. Knowing how to get into my stats program as well, to give him other sponsor names.

Not to mention he needs the phone number of either JaYMan or 3xlinks.

For someone as old as I am, I'm just starting to grow up and take care of some of this stuff.

pornguy · 01-02-2006, 05:05 PM

My wife is 50% of the business, so she knows my passwords, and how to run things. I have a life insurance policy, and she will take the cash. I am working on getting a second one, that way she gets paid more.

selena · 01-02-2006, 05:05 PM

Quote:

Originally Posted by RedShoe

What if you die in a house fire?

Safety deposit box would take care of that.

I'm renting one next trip to the bank.

The pain in the ass thing about that would be updating the shit you have in the deposit box.

I'm thinking of buying an external hard drive this month, and using it for a backup. I want to store it out of the house, so I can have a better chance of disaster recovery should the house burn.

But that means I have to go to the bank, bring it home, backup, and take it back to the bank.

Doesn't sound like much, unless you are like me, and studiously avoid trips into the 3D world. ;)

selena · 01-02-2006, 05:06 PM

Quote:

Originally Posted by Love Sex

register domains for 10 years

That is another thing, thank you!

A list of domains, and where they are registered, and for how long.

Bluewire Ross · 01-02-2006, 05:10 PM

The reality of life: We are all gonna die. But what matters most is how well we live.

jade_dragon · 01-02-2006, 05:12 PM

I did not read the whole post, in a rush. The best thing you can do if you care about the 18 year olds future or the future of other loved ones that know you have this business is to train them. If I left you instructions on something that you had no idea how to deal with such as how to run my automotive performance company do you think you can step in tomorrow and run it as well as I am now? Probably not. You would have to trust the people i have in place that work for and with me, and they have every chance to take advantage of you if you do not know the ins and outs enough to know what is bullshit and what is not.

Train a protege and get something legal made where if others in your organization screw over the benifactors of your estate they are in legal trouble and hope that that keeps them honest.

Violetta · 01-02-2006, 05:16 PM

If I die, my sites die!

RedShoe · 01-02-2006, 05:16 PM

Quote:

Originally Posted by pornguy

My wife is 50% of the business, so she knows my passwords, and how to run things. I have a life insurance policy, and she will take the cash. I am working on getting a second one, that way she gets paid more.

If your wife is asian like mine is, (or any other non-caucasian) then you'd be better off giving her 51%. We set up our LLC with my wife as 51% owner. She's a woman and a minority. It's great for getting money from banks and I think we get a tax break as well (but I'll have to double check with my CPA)

RedShoe · 01-02-2006, 05:20 PM

Quote:

Originally Posted by selena

Safety deposit box would take care of that.

I'm renting one next trip to the bank.

The pain in the ass thing about that would be updating the shit you have in the deposit box.

I'm thinking of buying an external hard drive this month, and using it for a backup. I want to store it out of the house, so I can have a better chance of disaster recovery should the house burn.

But that means I have to go to the bank, bring it home, backup, and take it back to the bank.

Doesn't sound like much, unless you are like me, and studiously avoid trips into the 3D world. ;)

The alternative to this is to get that remote desktop software then set up an external HD on a family members computer or some other computer you have off site. So like if you have an office somewhere link it to your home PC or if you have a relative you can trust not to fuck with it or whatever. then using remote software you can login and back it up off site.

Furious_Male · 01-02-2006, 05:23 PM

It all goes with me for the most part.

C_U_Next_Tuesday · 01-02-2006, 05:43 PM

If I die.. my hubby will be rich and no need for him to run any sites..give my shit away and burn me on a platform on top a mt. somewhere.

StuartD · 01-02-2006, 06:13 PM

Quote:

Originally Posted by selena

What about residual income?

You have any rebilling accounts out there?

nope... I wouldn't make a penny after I die.

selena · 01-03-2006, 06:55 AM

Quote:

Originally Posted by RedShoe

The alternative to this is to get that remote desktop software then set up an external HD on a family members computer or some other computer you have off site. So like if you have an office somewhere link it to your home PC or if you have a relative you can trust not to fuck with it or whatever. then using remote software you can login and back it up off site.

That's a nice suggestion. I will give it some thought. Thanks!

01-02-2006, 03:53 PM	#1
selena Confirmed User Join Date: Aug 2004 Location: On The Edge Posts: 7,994	So what if you die? With the new year, and all that, I'm trying to figure out the best way to make provisions for my business stuff in the event of my death. My 18 year old knows what I do, so that helps. I know I should have a hard copy of all my passwords and such. What are some other things a person should have in a tidy informational package? __________________ ~ Doer of Things at MetArtMoney Where Flawless Beauty Meets Art ~The MetArt Network ~ selena.delgado9

01-02-2006, 03:54 PM	#2
StuartD Sofa King Band Join Date: Jul 2002 Location: Outside the box Posts: 29,903	if I die, my sites die... except for one. __________________ This is me on facebook This is me on twitter

01-02-2006, 03:55 PM	#3
RedShoe 赤い靴 call me 202-456-1111 Industry Role: Join Date: Feb 2001 Location: The Valley Posts: 14,831	How about a living trust? Do you have a corp setup yet? life insurance? I doubt a single list of passwords will help. __________________ SPECIALTY COSTUMES • PROPS • FX Superheroes • Monsters • Robots PM for details For any manufacturing needs. Adult or otherwise. aka BonsHigh on Insta Bonsai weed plants

01-02-2006, 03:59 PM	#5
xclusive Too lazy to set a custom title Join Date: Apr 2004 Location: Buffalo, NY Posts: 35,218	I actually have a notebook with my business plans for the next 6 years and i'm always adding to it. i also have trained my wife how to do most of the stuff needed to keep things up and running. I have a seperate notebook with all my passwords and financial info. So things should go on for a long time after i'm gone. __________________ I support MediumPimpin.com / Shemp's Outlawtgp.com /

01-02-2006, 05:05 PM	#12
pornguy Too lazy to set a custom title Industry Role: Join Date: Mar 2003 Location: Homeless Posts: 62,911	My wife is 50% of the business, so she knows my passwords, and how to run things. I have a life insurance policy, and she will take the cash. I am working on getting a second one, that way she gets paid more. __________________ PornGuy skype me pornguy_epic AmateurDough The Hottes Shemales online! TChicks.com \| Angeles Cid \| Mariana Cordoba \| MAILERS WELCOME!

01-02-2006, 03:57 PM	#4
Peaches Old broad Join Date: Oct 2002 Location: Away Posts: 13,933	Don't forget a living will and health care power of attorney so you can DIE if you're a vegetable. My biz would go with me.

01-02-2006, 05:02 PM	#10
Love Sex Confirmed User Join Date: Nov 2004 Posts: 1,905	register domains for 10 years

01-02-2006, 05:10 PM	#15
Bluewire Ross Confirmed User Join Date: Nov 2005 Posts: 2,169	The reality of life: We are all gonna die. But what matters most is how well we live. __________________ Cam2CamLive! Feature Rich Flash-Based Cam Site Script MAINSTREAM WEB DESIGN CUSTOM ILLUSTRATIONS [email protected] ICQ:259-582-973YahooIM: ross_collado1975

01-02-2006, 05:12 PM	#16
jade_dragon Confirmed User Join Date: May 2004 Location: NEW ORLEANS/Baton Rouge BABY! Posts: 1,737	I did not read the whole post, in a rush. The best thing you can do if you care about the 18 year olds future or the future of other loved ones that know you have this business is to train them. If I left you instructions on something that you had no idea how to deal with such as how to run my automotive performance company do you think you can step in tomorrow and run it as well as I am now? Probably not. You would have to trust the people i have in place that work for and with me, and they have every chance to take advantage of you if you do not know the ins and outs enough to know what is bullshit and what is not. Train a protege and get something legal made where if others in your organization screw over the benifactors of your estate they are in legal trouble and hope that that keeps them honest. __________________ even ADULTS need TOYS icq: 3 6 3 2 6 6 6 7 \| aim: conglomorateman open for business, affiliates and friendships

01-02-2006, 05:16 PM	#17
Violetta Affiliate Join Date: Jul 2004 Posts: 28,735	If I die, my sites die! __________________ M&A Queen

01-02-2006, 05:23 PM	#20
Furious_Male Doing the grind since 99 Industry Role: Join Date: Oct 2003 Location: Buffalo NY Posts: 16,883	It all goes with me for the most part. __________________ Living in Virtual Reality Contact: Email (preferred): furiousmale .at. gmail - Skype: live:shanedws

01-02-2006, 05:43 PM	#21
C_U_Next_Tuesday WW4L Join Date: Oct 2002 Location: over the river and through the woods Posts: 10,581	If I die.. my hubby will be rich and no need for him to run any sites..give my shit away and burn me on a platform on top a mt. somewhere.