When we talk about estate planning, one of the most crucial components to understand is…
We are continuing our series on digital assets and your estate plan. Our previous article included some tips from our Florida estate planning lawyers, including making a comprehensive list of all of the digital assets you own and securely storing your usernames and passwords. You should provide a master list of digital assets to your estate planning attorney and keep another copy somewhere where your loved ones can access it in the event of an emergency. Your usernames and passwords can be safely stored in an electronic password management app. Today, we will look at two more suggestions as recommended by our estate planning attorneys.
Make Backups
It is advisable to make backups of your digital assets. Assets in the cloud can be lost or compromised, while assets on your computer can fall victim to viruses, crashes, natural disasters, etc. Assets stored locally should also be backed up to the cloud. Assets stored in the cloud should also be backed up on a local computer or external storage drive.
Outline Consent In Your Estate Plan
You need to determine who has consent to access your digital assets and make your wishes known in your will, revocable living trust, powers of attorney, etc. Your estate planning attorney can update your paperwork to outline who has consent to access any or all of your digital assets.
The experienced Florida estate planning lawyers, probate lawyers, and staff of Pittman Law Office are here to serve you. We work with clients throughout The Villages area, many of whom are new Florida residents. Don’t trust just any estate planning attorney with your final wishes. Our Florida estate planning lawyers are experienced and passionate about looking out for your best interests. Give us a call to schedule an appointment with an estate planning attorney today!