How to Prepare Your Digital Assets for the Future

Our lives are intertwined with online accounts, social media, and digital assets in today’s digital age. While keeping these accounts secure is essential, ensuring your loved ones can access them in the event of your passing is equally important. Here are five key steps to help you manage your digital legacy effectively.

1. Create a Digital Inventory

Start by making a list of all your digital assets. This includes:

  • Email accounts
  • Social media profiles
  • Online banking and financial accounts
  • Subscriptions (like Netflix, Amazon, etc.)
  • Cloud storage services (Google Drive, iCloud, Dropbox, etc.)
  • Digital currencies and investment platforms

Make sure you include login details, passwords, and any security questions. A password manager can help you keep track of these details securely!

2. Appoint a Digital Executor

Just as you would appoint an executor for your will, designate someone you trust to handle your digital affairs. This person should be tech-savvy and aware of your wishes regarding your digital assets. Inform them of their role and provide the necessary information and permissions.

3. Include Digital Assets in Your Will

Clearly outline your digital assets in your will and provide instructions on how they should be handled. Specify who gets access to which accounts and what actions should be taken, such as closing accounts or memorializing social media profiles. Be cautious when including passwords in the will itself, as it becomes a public document during probate.

4. Use Online Tools and Services

Many online platforms offer tools to manage your accounts after death. For example:

  • Google’s Inactive Account Manager: Allows you to decide what happens to your account after a period of inactivity.
  • Facebook’s Legacy Contact: Lets you designate someone to manage your profile after you pass away.

Take advantage of these features to ensure your wishes are followed.

5. Communicate Your Plan

Make sure your loved ones are aware of your digital estate plan. Discuss your arrangements with them so they know where to find your digital inventory and understand your preferences. Regularly update your plan to reflect any changes in your digital footprint.

By taking these steps, you can ensure that your digital life is managed according to your wishes, and your loved ones aren’t left with the burden of handling your online affairs without guidance. Preparing for the inevitable is an act of love and responsibility that will provide peace of mind for you and your family.

Need help organizing your digital estate? Contact  Community First Trust!