Have you planned for your Digital Assets?
Have you ever considered what happens to your family pictures and all of your other digital assets after you die? It seems that traditional photo albums are fast becoming a quaint practice of earlier non-digital generations. Today, most holidays, summer vacations, travel, graduations, weddings, and other important events are memorialized in digital photos and video – much of which is immediately uploaded so that family and friends can share in the celebration.
So what happens to this family history after you die? And while we are on the subject, who controls your Gmail/Facebook/Yahoo/Twitter/LinkedIn accounts when you are gone? These questions are new and the law is still developing, and will continue to develop as technology advances. But here are few things to consider.
Photo Sharing Sites
First, most social web sites are controlled by agreements that you accept (typically without reading them) when you create your account. Some of the agreements dictate what happens to your account after you die.
For example, Yahoo’s agreement provides that accounts are not transferable. Facebook’s policy is different. Facebook has a form that can be filled out that will cause a Facebook profile to go into a Memorial State. Certain profile sections and features are hidden from view to protect privacy. Logging in to the account is prohibited, but confirmed friends are able to see the profile or find it via a search, and are able to leave messages on their wall.
Some may be already familiar with the story of Justin Ellsworth, a 20 year old US Marine, who died in Iraq. His family spent many months battling Yahoo over their right to receive copies of Justin’s email correspondence.
Of course, some of this confusion could be eased if loved ones had a record of usernames and passwords. Then accounts could be opened and emails could be read, photos downloaded and saved elsewhere. Once all was in order, the services could then be notified of the death and the accounts cancelled.
In fact, the idea of safeguarding usernames and passwords while making them available to loved ones in the future has created a whole new line of business. Several articles have been written about companies such as Password Box, Entrustit, and MyEstateManager, which have been formed to help people manage their digital assets after death, allowing specific usernames and passwords to be sent to different people depending on your wishes.
As always, the best way to succeed is to have a plan.
For those precious digital memories, be sure that someone you trust has access to the various accounts after you’re gone so that an important piece of family history is not simply lost with the click of the delete button.
If you have questions about planning your Estate contact Orlowsky & Wilson today.