1. Inventory Digital Assets Compile a comprehensive inventory of your digital assets, including online accounts, websites, domain names, social media profiles, digital files, and cryptocurrencies. 2. Identify Digital Executors Designate digital executors or trustees who will be responsible for managing and distributing your digital assets according to your wishes. 3. Understand What Happens to the Account When Someone Dies Review what each platform allows—some accounts can be memorialized, transferred, or deleted. 4. Utilize A Secure Password Management System Use a secure password manager to store and organize login credentials for your digital accounts, ensuring accessibility for your digital executor while maintaining security. 5. Review Privacy Settings Review and adjust privacy settings for your online accounts and social media profiles to control access to personal information and restrict visibility to designated individuals or groups. 6. Plan for Digital Assets Transfer Specify your preferences for the transfer or disposition of digital assets, including sentimental or valuable digital possessions,
in your estate planning documents.
7. Provide Instructions Provide clear instructions to your digital executor regarding your wishes for the management, preservation, or deletion of specific digital assets and accounts. 8. Review Estate Planning Documents & Consult Legal and Financial Advisors Review and update your estate planning documents, such as wills, trusts, and powers of attorney, to address digital asset ownership, management, and distribution. You may want to engage a service provider for assistance. 9. Communicate with Loved Ones Communicate your digital estate planning intentions and arrangements with loved ones, family members, and trusted individuals to ensure awareness and understanding of your wishes. 10. Regularly Review and Update Regularly review and update your digital estate plan to reflect changes in your digital asset inventory, online accounts, technology, or personal circumstances. ●
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