What happens to your digital assets when you die?
Our online presence has become an integral part of our lives, from social media accounts and email correspondence to digital photos and even business operations. In this article, we explore what happens to these assets when you pass away.
In today's increasingly digital world, most people own some form of digital assets, ranging from websites and social media accounts to emails, e-books, and online subscriptions. However, many of us rarely stop to consider what will happen to these assets after we're gone.
Without a valid will or specific instructions regarding your digital assets, they will automatically pass to whoever inherits your estate. Including these assets in your will is particularly important if any hold monetary value or significant personal meaning.
Social media platforms have varying rules and options for handling accounts after death. For example, Instagram and Facebook allow profiles to be ‘memorialised,’ enabling family and friends to continue sharing images and messages. Some platforms automatically delete inactive accounts after a set period, while others let you assign a legacy contact to manage your account.
Digital photos and videos often hold immense sentimental value, but those stored on devices like smartphones or laptops are considered separate from the device itself. To ensure they’re preserved and passed on to someone you trust, you can specify your wishes in a Letter of Wishes accompanying your will.
Emails can contain private or confidential information you might not want shared. Communicating your preferences to your executors can help them manage your accounts accordingly—whether by deleting the account, removing specific emails, or passing them on as instructed.
For business owners, the stakes are even higher. In 2024, most businesses rely heavily on digital tools and platforms, making it essential to plan for the management of online business assets. While day-to-day business operations might dominate your priorities, considering who should take over your digital business presence in your absence is a crucial part of estate planning.
Addressing digital assets alongside physical ones may seem overwhelming, but it doesn’t have to be—and it shouldn’t delay you from writing your will. Our dedicated wills and probate team is here to answer any questions and provide expert legal advice on managing your digital legacy. Contact us at 020 8313 1300 for guidance.
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