Digital Legacy

06/04/2023

06/04/2023

When we think of estate planning, creating a will is often the first thing that comes to mind. A will is a legal document that outlines how a person's assets should be distributed after they pass away. However, in today's digital age, a traditional will may not be enough to cover all of a person's digital assets and online accounts.

Firstly, a will may not be sufficient to access a person's digital assets. Many online accounts have their own terms of service and privacy policies, which can make it difficult or even impossible for someone to access another person's account after they pass away. For example, a social media platform may not allow access to a deceased person's account without a court order.

Secondly, a will may not be enough to cover all of a person's digital assets. Digital assets can include anything from online bank accounts to digital photos to cryptocurrencies. If these assets are not specifically addressed in a will, they may be lost or overlooked.

Thirdly, traditional wills become public record after probate is granted, putting any information required to access digital accounts out into the public sphere

So, what can be done to ensure that a person's digital assets are properly managed after they pass away? One solution is to create a that specifically addresses these assets. This includes a list of all online accounts and passwords, instructions on how to access them, nominated people to access them and information on how they should be managed after a person's death

In conclusion, a traditional will may not be enough to cover all of a person's digital assets in the digital age. It's important to consider a to ensure that these assets are properly managed and distributed after a person's passing.

06/04/2023

https://www.co-oplegalservices.co.uk/media-centre/articles-may-aug-2017/does-a-will-become-public-after-death/

A traditional will becomes public record after probate is granted. Would you want all the information needed to access your digital life becoming public? Use a to pass on key digital information only to those you want

If Probate is needed after your death, the Will that you have in place at the time of your death will become public and anyone can apply for a copy.

06/04/2023

Are you worried about how your loved ones will access all the elements of your digital life after you die? Do they have a complete list of your Digital Assets and up to date information to access everything on there?

Try our Digital Legacy tool to find, organise and pass on your Digital Assets when you die

06/04/2023

Have you ever thought about what happens to your digital life when you pass away? It's important to plan for the future of your online accounts and digital assets just like you would for your physical assets. Whether it's your social media accounts, email accounts, or digital photo albums, it's essential to have a plan in place.

One way to plan for your digital afterlife is by creating a Digital Legacy that outlines how you want your accounts and assets to be handled after you're gone. You can also designate digital executors who can carry out your wishes and manage your accounts.

It's never too early to start thinking about your digital legacy. Take some time to consider your options and create a plan that works for you and your loved ones.

04/04/2023

How does our tool support you in creating a Digital Legacy?

04/04/2023

What is a Digital Legacy and why is it important?