Legacy Leaders Network

Tips of the week!

Trivia Question❓

Which popular service allows users to create and store digital wills and powers of attorney online, making estate planning more accessible?

Answer at the bottom of the newsletter

Protecting Clients’ Digital Legacies in a Digital Age

In today’s digital world, clients leave behind more than just physical assets; they create digital legacies that can have lasting effects on their families and loved ones. From social media accounts to digital financial records, safeguarding these assets is crucial for proper estate planning. Here’s how you can help your clients protect their digital legacies.

1. Organize Digital Assets: Encourage clients to create a comprehensive inventory of their digital assets. This includes social media accounts, online banking, cryptocurrencies, email accounts, and any other digital files or subscriptions. An organized list makes it easier for loved ones to manage these assets after a client’s passing.

2. Appoint a Digital Executor: Just as clients designate an executor for their physical estate, they should appoint someone to manage their digital assets. A digital executor ensures that online accounts are properly handled, either by closing them, transferring ownership, or managing their content as per the client’s wishes.

3. Update Passwords and Security Settings: Clients should use strong passwords and enable two-factor authentication to protect their digital accounts. It's also important for them to share password access securely with their digital executor to ensure these accounts can be accessed when needed.

4. Create Digital Will or Trust: Include digital assets in the client's will or trust, outlining how they should be handled. Some online services, like Facebook or Google, allow users to designate a legacy contact who can manage their accounts after death.

By addressing digital legacies as part of estate planning, clients can ensure that their digital assets are protected and their wishes are honored, leaving a legacy that’s secure for future generations.

Secure Your Financial Legacy – Exclusive Webinar with Stan Miller

Join us for an insightful webinar on Thursday, April 24th, 2025, from 12-1 PM Eastern on Zoom, where we’ll explore why your financial legacy matters and how to build one that lasts for generations.

Led by Stan Miller, a nationally recognized estate planning attorney and best-selling author, this session will provide practical steps and key strategies to secure your family's financial future.

Plus, one lucky attendee will win a 3-night, 4-day stay at a five-star resort – but you must be present live to qualify!

Reserve your spot today! After registering, you’ll receive the Zoom link within 5 minutes.

💡 Answer to Trivia Question:

Everplans is a popular service that allows users to create and store digital wills, powers of attorney, and other important estate planning documents online.