Protecting Your Digital Legacy: Unconventional Estate Planning Strategies

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Protecting Your Digital Legacy: Unconventional Estate Planning Strategies

In today's digital age, we have a significant amount of our lives stored online. From social media accounts to online banking and even email, our digital presence has become a crucial part of our lives. However, many people fail to consider their digital legacy when creating an estate plan. In this blog post, we will discuss unconventional strategies for protecting your digital legacy and ensuring that your digital assets are distributed according to your wishes.

1. Create a Digital Inventory:

The first step in protecting your digital legacy is to create an inventory of all your digital assets. This includes social media accounts, email accounts, online banking, and any other accounts that store personal information. Make sure to include usernames, passwords, and any other relevant information. This inventory will help your executor or family member manage your digital assets after your death.

2. Appoint a Digital Executor:

In addition to a traditional executor, you may want to consider appointing a digital executor. This person will have access to your digital inventory and will be responsible for managing your digital assets after your death.

3. Include Digital Assets in Your Will:

Make sure to include your digital assets in your will. This will help ensure that your digital assets are distributed according to your wishes. You can also specify how you want your social media accounts to be managed after your death. For example, you may want your accounts to be deleted or memorialized.

4. Use a Password Manager:

Using a password manager can help simplify the management of your digital assets. It can also make it easier for your executor or family member to access your accounts after your death.

5. Consider a Digital Trust:

A digital trust is a trust that is specifically designed to manage your digital assets. This type of trust can help ensure that your digital assets are managed and distributed according to your wishes.

In conclusion, protecting your digital legacy is an essential part of estate planning in today's digital age. By creating a digital inventory, appointing a digital executor, including digital assets in your will, using a password manager, and considering a digital trust, you can ensure that your digital assets are managed and distributed according to your wishes. If you need help with estate planning, including protecting your digital legacy, Estate Law Partners, LLC can help. Contact us today to learn more.

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