Thursday, August 18, 2016

Estate Plan - for digital assets

From bank accounts to Paypal, a good percentage of our personal and financial lives are online. If you fail to account for those digital assets in your estate plan, you risk burying your family or friends in red tape as they try to get access to and deal with your online accounts that may have sentimental, practical or monetary value. One potential problem with failing to plan for these assets is that your executor will have a hard time tracking everything down. That could mean some of your assets are simply lost.

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