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How to Include Digital Assets in Your Estate Plan
The world has gone digital, and that means our legacies have too. From social media accounts to cryptocurrency wallets, your digital life doesn't just disappear when you're gone. So, how do you make sure your digital assets—your photos, accounts, and online investments—are properly protected and transferred after you pass? It all comes down to two key elements: authority and ownership.…
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Electronic Wills May Be Coming Soon
Every time I meet with clients to sign their new estate plan, I’m reminded that Estate Planning really has not kept up with advances in technology. We have to meet in the same room, we sign paper documents, we make copies and scanned copies, we produce a binder filled with paper, and there’s really no current way around that. North…
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What Happens to My Facebook Account When I Die?
Facebook has over 1.65 billion monthly active users and is, by far, the most actively used social media platform worldwide. What most people don’t know is that your Facebook profile, as well as many other forms of digital assets, become part of your estate after you pass. So, what happens to your Facebook profile after you’re no longer here? Facebook…
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Apple iCloud Battle Shows Importance of a Digital Legacy Plan
We all have at least a half-dozen online or social media accounts with passwords containing capital letters, symbols, numbers, etc. And we’ve all had to click the “Forgot my Password” link probably more times than we’d like to admit. A recent battle between a widow and Apple can be even more reason to keep your accounts and passwords either in…
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Planning your Digital Legacy
Many people sitting down to create their first Estate Plan think they’ll only be planning for their personal and real property and how it will be distributed. And that’s fine if that’s all you care about. But, what about your online presence – your Facebook, Twitter, Instagram, etc. Often, when people die unexpectedly, their social media becomes a memorial page…
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