Estate planning in the 21st century

Description

Abstract: The digital revolution has changed virtually every aspect of life, and estate planning is no exception. Today, many people do business, communicate and manage their finances online. The result is a wealth of “digital assets,” which may take the form of e-mails, online accounts or other information stored on the Web or remote servers. Unfortunately, in many cases, when the owners of these assets die, the user names, passwords, security codes and other protections die with them. This article explains why it’s important to leave loved ones with instructions on how to access digital accounts.