One factor that has come to light within the last several years when estate planning is what will happen to your digital footprint upon your passing. Nearly everyone, young and old, is on social media or has an email account. One of the important things to consider when you begin planning your estate is regarding who has access to your digital footprint. This can include not only social media profiles but online bank accounts, access to your computer, and other online profiles.
It is important that when creating your estate plan, you consider providing login and passwords to various accounts and your computer so a beneficiary can close out these accounts on your behalf. One way that you can do this is to leave your information and passwords in a safe deposit box or with your estate planning attorney.
This is still a relatively new concept in estate planning but it is an important one nonetheless. If you know that you have stored property online such as written works or photographs, this may be something to consider. Of course, this is just one of many factors that needs to be taken into consideration when it comes time to plan your estate. Your estate evolves over time as your life changes so it is important to keep your plan updated. If you have questions, contact our firm today.
Working with an experienced estate planning attorney like Jaci Feldman (of the Woodland Hills, California, Law Office of Yacoba Ann Feldman) will ensure that you are taken care of when you need it most. Contact The Law Offices of Yacoba Ann Feldman for a consultation today.