On behalf of The Law Office of Wickersham and Bowers posted in Estate Planning on Wednesday September 13th, 2023.
In an era where our lives are increasingly intertwined with the digital realm, a new aspect of estate planning has emerged—digital estate planning. Just as we meticulously plan the distribution of our physical assets, considering our online presence and safeguarding our digital legacy has become paramount. Digital estate planning involves managing and preserving your online accounts and data, ensuring that your virtual footprint remains intact for the benefit of future generations.
As we accumulate a plethora of online accounts, social media profiles, and valuable digital assets, it’s crucial to recognize the significance of adequately managing these aspects in the event of our passing. Neglecting digital estate planning could lead to lost memories, inaccessible sentimental items, and potential security risks. Here is a comprehensive guide to securing your online legacy.
1. Take Inventory of Digital Assets
Compile a list of your digital accounts, including social media, email, financial platforms, and subscription services. Document any sentimental digital possessions like photos, videos, and documents stored in the cloud.
2. Appoint a Digital Personal Representative
Just as you would select a personal representative for your will, choose a trusted individual to oversee your digital assets. Ensure they have the necessary information to access and manage your online accounts according to your wishes.
3. Specify Your Wishes
Incorporate your digital asset management preferences into your will or a separate document. Consider your final wishes about your social media profiles and make the necessary preparations. Specify in detail how confidential material should be handled.
4. Use Secure Password Management
Implement solid and unique passwords for each account and consider using a password manager. Share access details with your digital personal representative, keeping security a top priority.
5. Understand Platform Policies
Familiarize yourself with different platforms’ terms of service and policies. Some venues have specific procedures for handling the accounts of deceased users.
By embracing digital estate planning, you’re ensuring that cherished memories and meaningful digital possessions endure while easing the burden on your loved ones during an emotionally challenging time. Your online legacy is an integral part of your overall heritage, and just as you’d leave a physical inheritance, securing your digital legacy guarantees that your impact transcends generations. Remember, preparing today ensures that your digital footprint remains a guiding light for those who come after you.
