I just read an article which talks about the need to leave information about your online accounts so your heirs will know what they have to deal with after you die. It’s well worth reading for the information it provides. What it doesn’t tell you is exactly what you have to do to close out or memorialize those accounts. Grave Robbers, our book about how to prevent identity theft of the deceased, does. In addition, there’s information on our site about how to handle the most popular digital sites.
Recently, the Wall Street Journal weekend edition had a very interesting article titled “25 Documents You Need Before You Die.”
Basically, it says that you should make sure that the originals of all of your valuable papers are put somewhere safe and that a loved one knows where that safe place is. Otherwise, when you become incapacitated or after you die there may be a great deal of frustration and unnecessary work as your heir or estate representative tries to figure out what you’ve done and how to prove it.
Check out this article and also check out Die Smart for more information on what to do.
Digital assets are making dying even more complicated. As more and more of our life is portrayed in a digital form, a key question is evolving in the legal community: “Who Owns Your Digital Assets When You Die?”
The New York Times posted an interesting article regarding your digital assets, “Cyperspace When You Are Dead.”
Today, there are no common policies or laws covering the disposition of your digital assets when you die. In fact, each Internet Service Provider sets their own policy. Google is different than Facebook. Facebook is different than Yahoo. In some instances, businesses may find they can’t get access to hosted accounts because someone doesn’t leave behind their passwords. You can find out the policies regarding your digital assets at Google, Facebook, Twitter, Yahoo, Comcast, etc. at diesmart.com.