Planning for Digital Estates
In 2009, CNN ran a story about services that protect people’s online lives after they die. For example, if Joe passes away suddenly, who has access to his online bank accounts, email accounts, social networking pages, Website domains, etc.? Companies such as Legacy Locker offer a service that will give your loved ones access to your electronic passwords upon proof of your death.
This sounds good for some of my techie clients who don’t want to give people access to their online information until death. I think a cheaper and simpler way to do it would be to make a list of online passwords and leave it with other estate planning documents.