In today’s digital world, estate planning isn’t just about physical assets—it also includes digital assets like online accounts, cryptocurrency, and intellectual property stored in the cloud. Without a proper plan, these assets may become inaccessible or lost. Here’s how to ensure your digital legacy is protected.
What Are Digital Assets?
Digital assets include:
- Social media accounts
- Email accounts
- Online banking and investment platforms
- Cryptocurrencies and NFTs
- Cloud-based intellectual property (photos, manuscripts, etc.)
Steps to Secure Your Digital Assets
- Create a Digital Asset Inventory. List all your digital assets, including login credentials and access details.
- Appoint a Digital Executor. Choose a trusted individual to manage your digital assets after your passing.
- Include Digital Assets in Your Estate Plan. Work with an estate planning attorney to ensure digital assets are explicitly addressed in your will or trust.
- Use Digital Legacy Tools. Platforms like Facebook and Google offer legacy management features to help control accounts after death.
- Ensure Legal Compliance. Privacy laws and terms of service agreements may restrict access to digital assets. Proper legal documentation can help overcome these barriers.
Why Estate Planning for Digital Assets Matters
Without a clear plan, digital assets may be lost or inaccessible to heirs. Taking proactive steps ensures your digital legacy is preserved and managed according to your wishes.
For expert guidance on estate planning for digital assets, contact The Eastman Law Firm:
Contact Us Today
Name: The Eastman Law Firm
Address: 4901 W. 136th Street, Ste. 240Leawood, Kansas66224
Phone Number: (913) 908-9113
Website: www.theeastmanlawfirm.com
