I handle all of the finances, so my husband is basically like your wife. I do have every account that we have plugged into MINT and he knows the password, so that should give him an idea of where everything is and how much. I also keep all of my end of the year statements in a folder and have another folder with passwords for each account written on them. He is the beneficiary for all of my accounts with my children as secondary. My son manages his own finances, so I think he will be able to help him.
I do worry about this, as he is very frugal, but doesn't understand or even care to read about investing. He does understand that he can pull 3-4% of the total out every year, I have gone over this with him. I also made more money than him over the years, so even though I am 4 years younger than him, I am delaying SS. until at least 66, so he can have a higher amount if I die first.
I know if something happens to me, my kids would be able to at least help him with everything, so that helps me sleep better at night! Now, I need to learn how to work the riding lawnmower and about upkeep on a car in case something happens to him!
Miss Prim