10 February 2018

Consider appointing a "digital executor"

Excerpts from a article at Reuters:
In the not-so-olden days of a few years ago, relatives might have sifted through stacks of documents to sort out your affairs after you died. These days, much of your presence in this world is floating around in the cloud: email, online drives, social media. Even your financial accounts are probably paperless at this point.

To give your family access to your accounts after you die, you need to do some work in advance, leaving instructions in your will for everything from access to your Facebook page to how to redeem your cryptocurrency...

Passwords and logins may be all in your head, but they are not in anybody else’s. So do a full accounting of everywhere you might be digitally – Facebook, Instagram, LinkedIn, bank accounts, 401(k) providers, bitcoin exchanges – and document how to get access...

In a traditional will, you name certain people to handle affairs if you pass away or are incapacitated. Same goes for digital property. This could very well be a different person than the one handling your financial or healthcare directives...
More at the link.

1 comment:

  1. Or use a program like LastPass. You get the protection of solid passwords if you are the re-use them everywhere type and you have contingency plans if you pass or become incapacitated.

    "Digital contingency plan
    Make your accounts safely available to another LastPass user of your choice using the Emergency Access feature.
    Prepare for the future and ensure you're never locked out in unexpected situations."


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