1st December 2025

 

It may sound heavy, but every person should have one simple folder on their computer called an “Emergency folder".
This small step brings immense peace of mind. It helps your family access your assets, understand your plans, and avoid legal complications when you are no longer there to explain things.

 

You can divide the folder into five essential sections:

 

1. Personal IDs

Keep all identity documents that establish who you are:

• Birth certificate
• Marriage certificate
• Passport or government ID
• Name change or divorce documents if any

2. Legal & Estate Documents

These help your family understand your wishes:

• Your last Will
• Guardianship papers for children or dependents
• Succession documents, if already prepared

3. Financial Assets

This section reduces confusion and prevents financial loss:

• Bank account details
• Investment portfolio (shares, mutual funds, fixed deposits)
• Insurance policy documents
• Loan statements
• Bank locker information (branch, locker number, nominee details)

4. Property & Business Documents

This helps avoid ownership disputes later:

• Property title documents
• Mortgage or home loan papers
• Rental agreements (owned or rented property)
• Business ownership or partnership documents
• Clear notes on your succession or business continuity plan

 

5. Digital Assets

Your digital presence also has value:

• Important email accounts
• Social media accounts (preferably with legacy or memorialisation settings)
• Cloud storage accounts
• Valuable digital subscriptions or services

What About Passwords?

For passwords, instead of writing them down, use a password manager that lets you set an emergency contact.  The emergency person can access your passwords only after a waiting period.

 

Legal Safety Tips

• Ensure your Will and legal documents are drafted by a trusted lawyer.
• Submit documents for probate, if required in your jurisdiction.

Most Important:

Tell at least one trusted family member or friend where this folder is located and how to access it.

 

Ready To Use Excel Template:

Check out Excel Template which might be helpful for you while compiling "Emergency Folder". You are free to modify it as per your requirements.

 

Disclaimer:

The above information/amendment/provision is to be used for ready reference only and not to be construed as legal advice.