The Importance of Digital Asset Planning and Organization: Elder Law Attorney in Cherokee County, Georgia

If you have ever forgotten a password to a digital account, then you know how difficult it can sometimes be to retrieve it. It might require remembering how you answered a security question like “Who was your favorite teacher growing up?” Remembering how you quickly answered that question several years in the past can be difficult. It is even more difficult, if not impossible, for an estate executor.

As more and more of our vocational, financial and personal business is done digitally it becomes increasingly difficult for our heirs to sort out our affairs after we pass away. As the New York Times points out in “Plan Your Digital Legacy, and Update Often,” executors and heirs can no longer simply walk through our homes and see what property we own.

Instead much of our property can now be stored digitally, including pictures, movies, music and even valuable domain names. We might also own digital currency and conduct our business and financial affairs online.

For executors and heirs to have access to these digital items, they often need to know where to look for them and what the passwords are to access them.

The best way around this dilemma is to plan ahead and to organize your digital assets in a way that makes them easy to access after you pass away. You can create a list of all the accounts you own and use a password manager to store the passwords.

The master password can then be stored in a safe or with an attorney (or both) so it can be made available to your estate’s executor. You can also use online storage services to make important files, such as family photos and movies, easy to access after you pass away.

Digital estate planning is still in its infancy, but it is important to talk with your elder law attorney about making your digital assets part of your larger estate plan.

Reference: New York Times (Nov. 11, 2015) “Plan Your Digital Legacy, and Update Often

Hear From Our Clients

“On the threshold of retirement, we finally decided to quit thinking we could self-prepare the requisite documents. We had previously had only a very simple will. We needed the necessary legal (including updated will) & health care docs but didn’t want to deal with the time & complication of legalese. Cindy made the process relatively painless. She took the time to explain and answer questions without trying to upsell services. We were done in 2 meetings plus the reading of emailed drafts. In addition to preparing the documents, Nelson Eldercare will be there when our adult children need advice on executing the plans we’ve put in place.So glad it’s behind us and would recommend Cindy and her helpful staff.”

- Bonnie

Cindy and her company treat their clients like family. Nelson’s offers clear, direct, and honest guidance in planning for your families security and future. No one wants to actively sit down and make these decisions, but Nelson’s makes this process seamless. I was so impressed with their willingness to answer all questions big or small. So glad I made the decision have them help my mom and dad and now me. You can’t go wrong with Nelson’s Elder Care Law.

- Hope

The very best elder law attorney and staff anyone could ever ask for! I have referred a number of clients to Cindy and she never disappoints. She is kind, caring, and extremely thorough in making sure everything is completed as it should be. I highly recommend Cindy for anyone needing lawyer services; she truly goes above and beyond for every client she helps and has had a huge impact in so many peoples’ lives. Thank you, Cindy and staff, for everything that you do- I’m so glad to know you!

- Kerri

I heard Cindy’s presentation at a Senior Luncheon at my church, and was very impressed. She helped my daughter and me understand many aspects of elder law. Josh has also been very helpful in my planning to enter an independent living situation . I have told many friends about them.

- Charlotte

Cindy and the Nelson Elder Care Law team are trustworthy and helpful. They are the experts in elder care law. At Leaf Cremation, we entrust our families to the care of the Nelson team when their services are needed.

- Pierce