Law Office of A. Lee Shaw, PLLC
Modern estate plans should include what’s known as an "ePlan" to manage online accounts and online data. There are four specific steps to creating an effective ePlan, says American Legion’s recent article entitled “Estate planning and online accounts.”
Note that Google, Facebook, Twitter, Apple and other companies have policies for when an account holder dies. These policies may permit an account holder to designate a "Legacy Contact" to manage the account; require specific documentation before a deceased person’s account can be closed, such as a copy of a death certificate; or automatically close an account after an extended period of inactivity, such as three months.
Digital estate planning is a new and dynamic field. By adding an ePlan to your estate plan, you can be certain your executor will take the right steps to preserve and protect these accounts and that valuable and sentimental data can be passed on to family and loved ones.
Reference: American Legion (Dec. 13, 2022) “Estate planning and online accounts”
Suggested Key Terms: Estate Planning Lawyer, Wills, Digital Assets, Intestacy, Inheritance, Asset Protection, Executor, Probate Attorney, ePlan