You are creating a digital footprint every time you post something on social media, share a photo gallery with your loved ones, look at your health records electronically or send an email.
But what happens to all of the assets or accounts associated with these actions after you pass away? Have you created a plan for how these will be deleted, preserved, or made inactive once you pass away? If not, you need a plan for your personal assets to be managed or removed. Your estate plan can help you do it.
This situation is compounded if you run a business or have a side hobby with a website, podcast or blog creating even more digital assets to keep track of. A digital estate plan is a crucial component of planning today, whether it’s handled through services that assign digital beneficiaries, documenting this in your will or compiling a list of all of your online accounts and passwords to be given to a trusted friend of family member.
Given the volume of online accounts that most people have today, you could be creating a mess for your executor who is not aware of all of these accounts or how to access or value them.
Saving materials stored in these online accounts could be important for your loved ones who want access to cherished family photos. Schedule a consultation with a trusted estate planning lawyer to discuss what belongs in your digital estate plan and how you can accomplish it effectively.
Our NH estate planning law firm is here to guide you when you need support around digital assets or the rest of your estate plan.