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By taking the time to include your digital assets in your estate plan, you can ensure that your loved ones have access to important information and accounts.
The Importance of Including Digital Assets
It is estimated that the average person has over 100 digital accounts, including social media, email, online banking, and more. These accounts contain valuable information and assets that need to be included in your estate plan. Without proper planning, your loved ones may have difficulty accessing or managing these accounts after you are gone.
By including your digital assets in your estate plan, you can make the process easier for your loved ones and ensure that your wishes are carried out. This can include specific instructions on how to access and manage your accounts, as well as designating someone to handle these tasks on your behalf.
Steps to Include Your Digital Assets in Your Estate Plan

Make an Inventory of Your Digital Assets: The first step in including your digital assets in your estate plan is to create a comprehensive inventory of all your accounts and assets. This can include a list of websites, usernames, passwords, and any other important information.
Designate a Digital Executor: Consider appointing a digital executor in your estate plan who will be responsible for managing your digital assets after you pass away. Make sure this person has access to your inventory and any necessary instructions.
Include Digital Assets in Your Will: Your will should specifically address how your digital assets should be handled. You can include instructions on how to access accounts, transfer ownership, or delete accounts altogether.
Update Your Estate Plan Regularly: As your digital footprint grows and changes, it is important to update your estate plan regularly to account for any new accounts or changes in passwords.

By following these steps, you can ensure that your digital assets are properly included in your estate plan and that your loved ones have the information they need to manage these assets effectively.
Benefits of Including Digital Assets in Your Estate Plan
There are several benefits to including your digital assets in your estate plan, including:

Protecting Your Digital Legacy: By including your digital assets in your estate plan, you can protect your digital legacy and ensure that your online presence is managed according to your wishes.
Ease of Access for Loved Ones: Including your digital assets in your estate plan makes it easier for your loved ones to access important information and assets after you pass away.
Preventing Identity Theft: Properly managing and securing your digital assets can help prevent identity theft and fraud after you are gone.
Peace of Mind: Knowing that your digital assets are included in your estate plan can give you peace of mind and ensure that your wishes are carried out after you pass away.

By taking the time to include your digital assets in your estate plan, you can provide valuable information and instructions to your loved ones and ensure that your digital legacy is protected.
As a senior adult, it is important to include your digital assets in your estate plan to ensure that your loved ones have access to important information and assets after you pass away. By following the steps outlined above and considering the benefits of including your digital assets, you can create a comprehensive estate plan that accounts for all aspects of your legacy.
Remember to regularly update your estate plan to reflect any changes in your digital assets and accounts, and communicate your wishes with your loved ones to ensure a smooth transition of your digital assets when the time comes.
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