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Digital Assets and Estate Planning: How to Manage and Distribute Your Digital Legacy

In today's digital age, our online lives have become an integral part of our identities. From social media accounts to email inboxes, digital assets hold significant personal and sentimental value. Furthermore, social media has emerged as a powerful tool for individuals and businesses to generate income. Therefore, it's essential to plan for the management and distribution of these assets in the event of incapacity or death. This blog aims to help you consider the digital assets you have and how to include them in your estate plan. Understanding Digital Assets Digital assets refer to a diverse array of online possessions, which include: Social Media Accounts: Platforms such as Facebook, Instagram, Twitter, and others. Email Accounts: Services like Gmail, Yahoo, Outlook, and similar. Online Banking and Investment Accounts: Options including PayPal, Venmo, Robinhood, and others. Digital Photos and Videos: Media stored on cloud services or local hard drives. Digital Documents:...

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