– Digital estate planning involves organizing and managing digital assets, as well as specifying how they should be handled after one’s demise.
– It is important to make a list of all digital assets, including email accounts, social media profiles, online subscriptions, websites or blogs, and financial assets like cryptocurrency and online bank accounts.
– Access to accounts and passwords should be granted to a chosen fiduciary, and use of a password manager is recommended. Consider two-factor authentication and ensure access to 2FA codes.
– Clearly outline preferences for digital assets, such as what should happen to social media accounts and whether emails should be deleted or archived.
– Important documents, photos, and other data should be backed up in a secure location accessible to the digital fiduciary. 1. It is important to have a digital estate plan to safeguard online presence and provide guidance to a digital fiduciary.
2. A thoughtful approach to digital estate planning ensures that digital assets and accounts are managed according to the individual’s wishes and reduces the burden on loved ones.
3. Periodically reviewing and updating the digital estate plan is essential to stay current with online activities and evolving technologies.
https://www.henlaw.com/news-insights/from-pixels-to-peace-of-mind-a-guide-to-digital-estate-planning-in-florida/
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