Don’t Forget About Your Digital Assets in Your Estate Plan
October 1, 2018
Bottom Line, Inc.
I was recently appointed as the administrator of the estate of a young man who had no will. The task at hand generally entails locating all the decedent’s assets and identifying and paying any creditors. However, this decedent had opted to receive all his statements and bills electronically. Since he did not leave a record of his passwords, I could not access his laptop nor any of his emails, statements, etc. And even if he had had a will, the same predicament might have obtained—because even the majority of folks who have wills have not considered who they wish to authorize to have access to their digital assets.
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