In today’s world, our lives are increasingly lived online. From social media profiles and online banking to cloud storage and cryptocurrency, digital assets now form a significant part of our personal and financial footprint.
But here’s the question: Have you updated your will to include them?
What are digital assets?
Digital assets include things like:
Online bank and investment accounts
Cryptocurrency wallets
Social media accounts (Facebook, Instagram, LinkedIn, etc.)
Email accounts
Cloud storage (Google Drive, Dropbox, iCloud)
Loyalty points and subscriptions
Why include them in your will?
Without clear instructions, your family may struggle to access, manage, or close these accounts after you pass away. In some cases, valuable assets such as cryptocurrencies or online business accounts could even be lost forever.
How to protect your digital legacy
Take inventory of your digital accounts and assets.
Decide who should have access and what you want to happen to each account.
Work with a lawyer to include specific instructions in your will.
Update regularly as your digital footprint grows.