Digital assets are a growing part of our lives, and it is important to consider them when making a Will. Here are some tips for dealing with digital assets in a Will :
• Identify your digital assets. Make a list of all of your digital assets, including your email accounts, social media accounts, online banking accounts, and any other accounts that you have access to.
• Decide who you want to inherit your digital assets. Think about who you would like to have access to your digital assets after you die. You may want to give them to your spouse, children, or other loved ones.
• Make sure your beneficiaries know how to access your digital assets. Once you have decided who you want to inherit your digital assets, make sure they know how to access them. You can provide them with the login information for your accounts, or you can give them a copy of your Will.
• Consider using a digital executor. A digital executor is someone who can help your beneficiaries access your digital assets after you die. They can help them to reset passwords, close accounts, and deal with any other issues that may arise.
It is important to note that there is no legal requirement to include digital assets in your Will. However, it is a good idea to do so, as it will help to ensure that your wishes are carried out after you die.
Tips
Here are some additional tips for dealing with digital assets in a Will:
• Keep your Will up to date. As your digital assets change, you will need to update your Will to reflect the changes.
• Store your Will in a safe place. Make sure your Will is stored in a safe place where your beneficiaries can find it after you die.
• Use a professional. If you are unsure about how to deal with digital assets in your will, you will want to consider using a professional to help you. A solicitor can help you to create a Will that includes your digital assets and can advise you on the best way to distribute them.
Can we help?
Please contact Hayley Beeching our Consultant Solicitor on 02393552564 or by email on hayley@futuritywills.co.uk