No one likes to talk about it. It's a touchy subject, but one day, you're going to die. You probably know where you want your money and other physical possessions to go, but you have a lot of digital assets to pass on too. You need to plan for the future of those accounts right now.
Here's what we mean by digital life:
- Financial accounts
- Photos and videos stored online
- Digital notebooks
- Social media accounts
- Your phone
- Contact list
Think about all of your digital friends, how will your family break the news to them without access to your digital life?
We've laid out the first two steps you need to take to make your digital life easier to access after your death.
- Designate trusted contacts
Fortunately, some services have built-in features that let you pass data off to surviving members of your family. Identity your trusted loved ones, and these digital services will give them access to your account – but only under specific circumstances.
- Prepare to share your passwords
On the other hand, some companies don't have features that give you the ability to pass on your data. For these more private companies, your best bet is to speak to an estate attorney about giving authorized access to your next of kin. When building an estate plan, it's important to hire an attorney to look over the details with you. Hiring an attorney can save a headache and heartbreak of your loved ones after your passing. Contact David Veliz at Veliz Katz Law to eliminate the stress. For more information about how to prepare for your inevitable death read the full article by Whitson Gordon at Popular Science.