One important part of creating an estate plan is choosing an executor to make decisions on your behalf if you are incapacitated or fulfill your wishes when you are gone. The person in this role takes on significant responsibilities. He or she can also have a...
Giving someone access to my digital accounts
In addition to the changes in digital assets, there have been changes to how you access your accounts. First, there was a minimum number of letters, then there needed to be a number; now the recommendation is to use a phrase instead of a word. After you decide who...
What happens to my digital assets?
The idea of digital assets still seems abstract. It can be something you purchase or something you create. Until it is printed or saved somewhere other than the cloud, you cannot touch it; yet, it has value and may need a place in your estate plan. With something as...
Who should oversee my digital assets?
Just like any other person involved in your estate plan, the person you choose to oversee your digital assets should be someone you trust. Whether you only have a handful of accounts or a vast array of digital assets, you need someone in charge of taking care of your...
What are digital assets?
Not that long ago, when it was time to consider your estate plan, you only had to worry about assets you could touch. While some of your assets may have been in various accounts, those holdings still stood for a tangible amount of dollars that you could withdraw if...
Do I need a will if I don’t have children?
You’ve spent your life working hard and buying assets. While you may be aware that you will have to leave them behind after you pass away, it is essential to think about what will happen to those assets, even if you do not have children. Often when people talk...