Managing Your Digital Estate Plan WSJ Podcast
Checkout This WSJ Podcast On Creating A Digital Estate Plan:
What is a digital estate plan? Estate planning is a crucial part of life. A well developed estate plan ensures your family is taken care of when you pass away. It can also do more. For instance, a well developed estate plan can help protect your legacy goals and small business. One new challenge facing estate planning is digital assets. Digital assets are everywhere and challenging traditional estate planning techniques like wills and trusts. For instance, your passwords and usernames to access Facebook, Google, and your online bank accounts cannot be easily stored in a will or trust. Up until recently, this was not a big concern. However, as more and more individuals start to die with digital assets the challenges will continue to grow. Know your rights and have a plan in place. To learn more checkout this recent WSJ podcast on the topic.