Vital Records Daily Money Management Services: In addition to monthly Bill Pay, Quicken and daily financial matters which is ongoing. We also offer help with projects such as our Emergency Planner document (all Vital Records Information in one place), tax preparation assistance, Quicken set up, and online bill pay set up. One example: We helped one client gather all of her important records before meeting with her Estate Attorney, to have a new Will drawn up. We also organize offices and help you set up file systems (paper and electronic) that will work for you. May / June 2024
The Role of a Digital Executor: Ensuring Your Digital Legacy Lives On In today's digital age, our lives are increasingly intertwined with technology. From social media profiles to online banking accounts, our digital footprint continues to expand. However, what happens to this digital legacy when we're no longer here? Enter the digital executor—a crucial role in modern estate planning. I recently took a seminar about protecting your Digital Legacy. Do you have a Digital Executor stated in your Will? According to The Digital Wrangler, Kate Hufnagel, you may want to consider adding one. FUFADAA, Revised Uniform Fiduciary Access to Digital Assets Act, is a law that provides the Executor of an Estate, or an attorney, with access to someone’s online accounts after death or incapacitation. Some states have enacted this law. I have designated my Legacy contacts on Facebook and Apple. Instagram does not offer it. I have not had success with Google or Linked in accounts yet. Dropbox has a legacy contact with a paid subscription. Some other great tips she gave us:
A digital executor is someone appointed to manage and oversee the digital assets and online presence of an individual after their passing. While traditional estate planning often focuses on tangible assets, such as property and finances, the digital executor ensures that your digital life is handled according to your wishes. The Importance of Digital Estate Planning In the absence of clear instructions, digital assets can become inaccessible or lost forever. Consider the sentimental value of cherished photos stored in the cloud or the financial implications of unredeemed cryptocurrency. Without proper planning, these assets may remain undiscovered or inaccessible, causing distress to loved ones. What Does a Digital Executor Do?
Selecting the right person to serve as your digital executor is crucial. Ideally, this individual should be tech-savvy, trustworthy, and capable of handling sensitive information. Communication is key—ensure that your digital executor understands your wishes and is prepared to fulfill their responsibilities. Conclusion In an increasingly digital world, planning for the management of our digital assets after death is essential. By appointing a digital executor and creating a comprehensive digital estate plan, you can ensure that your digital legacy lives on in accordance with your wishes. Take the time to inventory your digital assets, document your preferences, and choose a trusted individual to serve as your digital executor. Your foresight and planning will provide peace of mind for both you and your loved ones. How to set up Facebook & Apple Legacy Contacts Simple Solution Organizing can assist you in setting this up. Facebook: Memorialized profiles Memorialized profiles are a place for friends and family to gather and share memories after a person has passed away. Memorialized profiles have the following key features:
To add a Legacy Contact on your iPhone:
Adele Gross Chief Executive Organizer & Daily Money Manager 706-714-1314 Simple Solution Organizing LLC
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