Your digital life has real value. Include digital assets in your estate plan to prevent loss and confusion.
What Are Digital Assets?
Financial
- Cryptocurrency
- Online bank accounts
- Investment platforms
- PayPal/Venmo balances
Social/Personal
- Social media accounts
- Email accounts
- Photo storage
- Cloud documents
Business
- Websites and domains
- Digital businesses
- Online storefronts
Entertainment
- iTunes/music libraries
- Kindle books
- Gaming accounts
Challenges with Digital Assets
Access Issues
Passwords needed, often protected by terms of service.
Legal Complications
Laws vary, some accounts can't be transferred.
Valuation Difficulties
Some assets hard to value.
Planning Steps
Step 1: Inventory
List all digital assets and accounts.
Step 2: Secure Access
Document passwords safely (password manager).
Step 3: Include in Will
Address digital assets specifically.
Step 4: Name Digital Executor
Designate someone tech-savvy.
Step 5: Check Terms of Service
Understand each platform's rules.
Cryptocurrency Considerations
- Store access keys securely
- Designate someone who understands crypto
- Document location of wallets
Update Your Plan
Pioneer Credit Solution helps you include digital assets. Call 1-888-271-2293.