As the times change, so do the ways we keep and use information. It is imperative that you seek out an attorney who can help you protect your data once you pass on or become incapacitated.
Crafting A Digital Legacy Plan
This new area of estate planning is known as creating a digital legacy plan or digital asset protection. At The Prince Law Firm we are here to help people in Michigan, and throughout the rest of the country, protect this valuable information by drafting and executing documentation that provides specific instructions about what should happen to these records and who should have access and control of them.
For more information about digital asset protection and our legal services in this area, please contact our Bloomfield Hills office today to schedule a complimentary half-hour consultation with one of our knowledgeable estate planning attorneys.
What Should Your Plan Include?
Our digital asset protection plans are designed to help you protect all types of information stored through different modes of technology, including:
- Personal correspondence
- Business contacts and relevant business documentation
- Sensitive financial information
- Archives of creative portfolios for professionals
- Personal photos and other media capturing memories and family history
- Social media accounts such as Facebook, Twitter, MySpace, LinkedIn, etc.
These records may be in e-mails, on external websites, hard drives, flash drives, CDs or other storage devices.
We can help you execute the appropriate documents that will dictate what will happen to all of these records and who will have control of them after you pass away. We can help you decide who this 'digital' personal representative should be and the extent of their duties in taking over your digital estate. We can also help you compile a spreadsheet that will inventory your digital assets as well as the login and password details needed to access these records.
Do My Digital Assets Really Need Protecting?
By setting up a digital asset protection plan, you can avoid this information being lost or your loved ones not having access to crucial information such as bank accounts, and contact information to notify others of your passing. A digital personal representative can also control who has access to this information as well as distribute records, archives and data that can be used to retrieve other assets in your estate.
Contact A Digital Asset Protection Lawyer Today
Protect your information by creating a digital asset protection arrangement to complete your estate plan. Preserve your voice and wishes by calling us at 248-419-1968, or by sending us an email, to schedule an appointment with a member of our legal team. We look forward to speaking with you and working with you to plan for the future.
To learn more about creating a digital legacy and its importance, please read our article entitled, 'Preserving a digital legacy: estate planning in the age of Facebook'.