Secure Your Digital Legacy: Estate Planning for Online Assets

In today’s world, we accumulate more than just physical assets—think about all the digital accounts and online assets you have, like bank accounts, investment portfolios, social media accounts, and even valuable digital currencies like Bitcoin. Without proper planning, your loved ones could face difficulties accessing or managing these assets when you’re gone. 

Taking Stock of Your Digital Assets

From social media accounts and email addresses to digital currency and online subscriptions, it is essential to create a detailed inventory that includes login credentials and specific instructions for each digital asset. Regularly updating this inventory ensures that your digital assets are accounted for and can be easily managed by your beneficiaries.

Understanding Digital Platform Policies

Every digital platform or service provider has its own rules for accessing digital assets after a user’s death. Understanding these terms of service can make it easier for your loved ones to access or transfer your online assets when the time comes.

Let’s say you have a significant amount of money in a PayPal account. After your passing, PayPal has specific rules in place for how your account can be accessed or closed. Without understanding these rules, your loved ones might face delays or even lose access to those funds entirely. 

By familiarizing yourself with PayPal’s policies—such as providing authorized users or instructions on how to transfer ownership—you can make sure your family has a clear path to manage or access those funds quickly and without hassle. 

Get Started Today

Don't leave your digital assets vulnerable to uncertainty! Start by booking a Peace of Mind Planning Session. We’ll answer your questions, discuss your options, and review our unique flat fee pricing. Then, if we decide we’re a good fit to work together, we’ll discuss next steps. And if not, that’s fine too! Mention this blog and we’ll waive the $450 session fee! Limited spots available - book HERE