What is Digital Estate Planning?

If you've ever lost a loved one, you may have gone through the process of estate planning or settling their estate.

Estate planning is the process of anticipating and arranging, during a person's life, for the management and disposal of that person's estate during the person's life and at and after death, while minimizing gift, estate, generation skipping transfer, and income tax (Wikipedia, 2010). Digital Estate Planning is an expansion of this common process.

Estate planning can make things easier for your loved ones after you pass. You can think out how you'd like each part of your life settled - accounts and debts, property, funeral arrangements, etc. Your digital property is no different.

As technology has become a main component to most aspects of our lives, we are constantly building a digital footprint. Take a moment to think about all the different aspects of your daily digital life:

• Online accounts and passwords
• Photos
• Documents
• Banking
• Shopping (credit cards)
• Your different devices

Those are just some examples of what could be an endless list. In our current society, we need to consider what happens to our digital lives when we pass. Digital Estate Planning is now becoming a requirement during your regular estate planning process.

Your Digital Death and Digital Estate Planning

Digital Death is the process of planning and taking action to control what happens to your digital information, as well as controlling who will receive the information, documents, photos and account passwords when you pass. Digital Death and Digital Estate Planning go hand-in-hand. You need to take time to think and take inventory of what your digital life looks like, before it's too late.

What Happens to My Data When I Die?

To learn more about what happens to your data when you die, read more on our blog post.

How Can I Get Started with Planning my Digital Estate?

Final Security's services provide you with the tools you need to properly plan your estate and control your digital information and assets upon your digital death.

Info Vault

Final Security's Info Vault is a place where you can store your digital information:

• Store your usernames and passwords to any service (you can also store files and notes with each entry).
• Store your photos: save a single, memorable photo or a collection you'd like to pass on.
• Store your documents, such as a will, or a collection of information your beneficiaries will need.

Your Info Vault creates an efficient, organized and central place for your beneficiary to find all your important information after your passing.

Device Cleaning

With Final Security's Device CleaningsService, you can have that peace of mind that your registered devices will be remotely wiped upon the confirmation of your passing. Our service will ensure that your sensitive and private information will not be seen by anyone but you. We will protect not only your legacy, but provide protection to your family and friends by making sure your private information does not get into the wrong hands.

Social Media Cleaning

Social Clean is Final Security's service that allows you to know that your online accounts do not live on the web forever. Not only does this service protect your legacy and information, it also protects your family and friends. Bad actors are looking to capitalize on the window of time where your death may not be publicly known or officially recognized. In this window of time, your family and friends could fall victim to a scam that looks like it is coming from your account.

Estate planning. (2010). En.wikipedia.org. From https://en.wikipedia.org/wiki/Estate_planning