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

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

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

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

Josh Nelson, and his staff, have been amazingly helpful to our family. The ins and outs of nursing homes, the rules and regulations that govern Medicare and Medicaid are daunting and the folks at Nelson Elder Care Law have been informative, responsive, and above all, empathetic. I cannot emphasize enough how their service has taken a weight off of our shoulders especially during a world pandemic that has targeted nursing homes across our country. I highly recommend retaining Josh and his firm!

- Marcia

I had a simple legal question to them that I needed answered and they very helpful in giving me the information I needed. I highly recommend them and will reach out to them if I need more advice or assistance. Thank you for taking your time to just answer a couple of questions I had!

- Ben