You probably don’t consider your Facebook account or your twitter feed a digital asset. You may not even use those (or other) online services. The fact is though; every paperless credit card or frequent flyer account that you have is a digital asset. While many state governments are still struggling with how to best manage a digital estate, there are some steps that you can take in order to make sure that your digital legacy is taken care of in the same manner as your physical legacy.
Make a List
You want to start by sitting down and making a list of all the online accounts you have. This might take a while, and if you miss one or two you don’t often use that is ok. Your next of kin are not going to know all of the things you do online and you want to make sure you leave them as detailed a list as possible. Make sure to include things like:
- Video Games
- Banking
- Credit Cards
- Social Media
- Stores and Shopping
- Auction Sites (Ebay or Amazon)
- Payment services Like Pay Pal
- Websites or blogs
Decide Who is In Charge
Are you going to leave the details of closing these accounts up to your power of attorney? What about the executor of your will or another computer savvy loved one? Make sure that you list in your estate planning documents who you wish to take care of this for you.
If you have any legal issues or wish to tackle the digital estate in your will, contact Stano Law group.
Leave A Comment