Search Site
Menu

Estate Planning in the Digital Age

Like many 20-and 30-somethings, my husband and I have long put off addressing our estate planning needs. Finally, after I had completed every last procrastination chore I could think of, I realized I was out of excuses and it was time to get drafting. While most people think to plan for the disposition of their tangible and intangible property, digital assets are often overlooked.  Due to our ever-growing web presence, failure to account for these digital asset can lead to a host of problems after we are gone. Here a couple things to consider when making your digital estate plan:

  1. Inventory Your Digital Assets

First, you should start by making a list of your digital assets. This can include social media accounts, financial and business accounts, hardware, and personal electronic data. Without an inventory, your executor may not know what digital assets exist in the first place, and could have trouble tracking everything down. This may potentially result in assets being lost, or worse, it could put your estate at risk for identity theft and fraud. Creating and maintaining inventories of your electronic data, including login information, will save your executor the headache as well as protect your estate from financial loss.

  1. Decide What Should Be Done with Your Assets

Your estate planning documents should clearly indicate what you wish to happen to your digital assets. Even with access to your login credentials, your executor may have trouble showing they have the right to access your accounts. Make sure to review the terms of service agreements for each of your accounts to determine if they include a mechanism that allows you to dictate what happens to your account upon death. In the absence of such a mechanism, you need to clearly state that your executor should have complete access to your digital accounts, including access to content.

  1. Name a Digital Executor

Finally, you should think carefully about who should act as executor.  Make sure that you choose someone with at least some technical knowledge, and consider what information they will have access to. Remember, your digital assets include personal photos, emails, texts messages, online dating accounts, browser histories, and social media accounts. Designating the appropriate person to take care of this material can prevent your friends and loved ones from discovering damaging or embarrassing private information after you are gone.

Take some time to think about your wishes and then meet with an estate planning attorney to get those wishes put into place.

Leave a Reply

Your email address will not be published. Required fields are marked *

Contact a Dedicated Texas Business Lawyer To Schedule a Consultation
Call 281-367-1222 or contact us online to schedule a meeting.

Strong In Action

  • Spring 2021

    The Strong Firm prevails in dispositive motion regarding Texas economic loss rule resulting in dismissal of claims again party.

    Read More
  • Spring 2019

    The Strong Firm successfully forecloses first priority lien against multi-million dollar commercial asset.

    Read More
  • Spring 2021

    The Strong Firm secures writ of reentry after unlawful lockout of commercial tenant.

    Read More
  • Spring 2021

    The Strong Firm prevails in writ of mandamus proceeding involving denial of temporary restraining order to stop foreclosure sale.

    Read More
  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  • Peer Rated 2021 Award
  • Clio Client-Centered Certification

Recent Blog Posts

The Strong Firm P.C. Presents The Ice Rink At The Woodlands Town Center – VIP Preview Party – Thursday, November 18, 2021 – 6 PM-9PM CST

  Please join The Strong Firm P.C. at the exclusive VIP Preview Party for The Ice Rink at The Woodlands Town Center presented by Woodforest National Bank for the 2021-2022 Holiday Season! This year all proceeds from ticket sales and any additional collected donations will go 100% to YES to YOUTH - Montgomery County Youth Services! Donation receipts will be
Read More
The Strong Firm P.C. Presents The Ice Rink At The Woodlands Town Center – VIP Preview Party – Thursday, November 18, 2021 – 6 PM-9PM CST

Happy Independence Day – We Are Open For Business

Happy Independence Day! We Are Most Certainly Open For Business! Independence Day invokes feelings of individual freedom and independence being the basis on which our great country was founded.  Over the course of the last 15 months, few things have been entirely certain.  Markets, along with the availability of workers,
Read More
Happy Independence Day – We Are Open For Business

Residential Real Estate: Lawyers, Title Companies, and Agents, Oh My!

Residential Real Estate: Lawyers, Title Companies, and Agents, Oh My!   The evolution of the internet and rapid increase in access to information has changed the way we buy and sell homes. While real estate agents still serve a vital role in the process on both sides of the transaction, many buyers
Read More
Residential Real Estate: Lawyers, Title Companies, and Agents, Oh My!

COMMUNITY AND SEPARATE PROPERTY IN TEXAS: OWNERSHIP AND CONTROL

COMMUNITY AND SEPARATE PROPERTY IN TEXAS: OWNERSHIP AND CONTROL Texas law characterizes property acquired by spouses either community or separate property when property is acquired, and this characterization has tremendous consequences. w defines a spouse’s "separate property" as: (1) property owned or claimed by the spouse before marriage; (2) property acquired during
Read More
COMMUNITY AND SEPARATE PROPERTY IN TEXAS: OWNERSHIP AND CONTROL
  • Video Vault


    Watch videos done by our legal team to gain a better understanding of your legal needs. Our lawyers give video insight into areas such as Real Estate, Business Law, Mergers & Acquisitions and much more.
Contact us

Quick Contact Form