Keying into your digital assets – Revise your estate plan to account for online documents

Description

Abstract: In the not-so-distant past, one likely kept copies of vital estate planning documents locked in a fire-resistant vault or file cabinet, with copies at an attorney’s office. However, in this digital age, it’s more likely that legal documents and financial statements are being stored in online ledgers, including email transmissions from banks and other financial institutions. This article explores questions regarding the digital storage of documents and offers practical steps to help make it easier for family members to access digital files and accounts.