It's 2023, and that means thinking about what will happen once you're gone to social media accounts, digital photo accounts, or even more valuable assets such as bitcoins or other investments. Your loved ones won't have access unless you provide it via legitimate digital estate planning. "It is all too common for family members to be locked out of a social media account when a person unexpectedly dies," says David Reischer, an estate planning attorney. Of course, you can give a trusted person your account name and passwords, but passwords change. It's best to include this planning with your will. "Technology can make it burdensome or impossible to transfer assets that are encrypted or password-protected or difficult to even locate by virtue of being an intangible asset … Fiduciaries with the knowledge and authority to access, control, or even in some cases, copy digital assets can assist heirs with transfer of digital assets when a person dies."
Related: What to Do When a Loved One Dies
