As more and more of us join social networks to keep in touch and live our lives online, the practice of planning for what happens to those digital assets after we are gone is a growing area of estate planning.
Your digital assets can have both sentimental and financial value. Think of all the financial transactions you perform every week online, and you will realize that a plan needs to be prepared for what happens to your online accounts after you are gone.
The infographic below — prepared by web hosting information site WhoIsHostingThis? – provides information on what the major social networks require to deactivate an account as well as information about online tools available to help you protect and plan for the disposition of your digital assets:
To learn more about estate planning for digital assets, contact our Newport Beach law firm.