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Estate Planning in the Digital Age
Protection When Life Is Lived Online
Most of us are living life online.
Whether it's managing a bank account, shopping online, reading the latest news or browsing on social media, just about everything we do involves technology. The sheer number of usernames, PINs and passwords we manage is maddening.
With technology playing such a huge role in our daily lives, it is important that it plays a role in your estate plan as well.
4 Steps to Securing Your Digital Estate
In four steps, you can ensure your digital estate is protected and your loved ones know how to access your information in case of an emergency.
- Create a list of your digital assets and passwords. Using an online management program with encryption or storing them on a USB stick are good options for keeping your information secure.
- Find a safe place to store your list. Your will could become public record when filed, making it a poor place to keep your list. Instead, keep it in a location that is accessible by your executor or a trusted loved one.
- Make a plan. Determine what you want to happen with each account and make a guide outlining the details.
- Consult your estate planning attorney. State laws differ when it comes to handling digital estates, and your attorney can help you create a plan that includes your digital assets.
What's Your Legacy?
Whether online or in person, we all will leave a legacy. You can create a lasting legacy at Conservation Law Foundation by including us in your future plans. Contact Kate Saunders at email@example.com or 617.850.1738 to learn more.
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.