With most people’s day-to-day lives taking place online, managing one’s digital assets becomes imperative. Your digital assets refer to anything you have in the virtual world. This includes pictures, videos, and documents — anything you store online. However, you don’t necessarily need to start gathering all your digital assets at once. It can become an arduous task and take up a lot of time. Instead, try these tips to start managing digital assets and how to leave behind your digital legacy.
What are some examples of digital assets?
As mentioned before, digital legacy includes all your information stored on devices or the internet. Here are some examples of your digital assets.
- Social media accounts
- Profiles of music streaming applications.
- Subscription services
- Email Ids
- Files on your computer/hard drive/Dropbox
- NHS records
- Cryptocurrency data
- Digital family tree
- Online scrapbooks
- Digital Will
What happens to these assets after the owner passes away?
The easy answer is nothing. If you do not prepare the management of your digital assets beforehand, they will remain vulnerable on the internet. It is crucial to make a plan for managing your digital legacy.
Here are the necessary steps for ensuring that your Digital Legacy and Memories remain safe.
1. Organizing Sensitive Documents
If nobody has access to your digital accounts, they cannot manage them. The first step of managing your digital legacy is organizing sensitive documents such as Power of Attorney, identity proof, death certificate, obituary, etc. You should keep hard copies of these and other records while making your digital estate plan. Store these documents as hard and soft copies to ensure the application process remains simple in the future.
2. Selecting Digital Executors
Digital executors are the trustworthy candidates we elect to look after our digital legacy. You can leave instructions for them to handle your accounts. However, you may not want to reveal your digital data to one person. It is possible to select more than one digital executor. For example, you could elect a digital executor to handle your social media accounts. And a different one to look after the sensitive files on your device.
3. Leave instructions
Every service or application has different guidelines for managing the accounts of deceased people. Active users can elect a trusted person to handle their social media accounts after their death. Users can choose to have the accounts deleted or memorialized. Unfortunately, several social media platforms do not have either option. Users can leave instructions for their digital executors to manage their accounts.
Several services automatically deactivate the profile after a period of inactivity. Users must elect their digital executors beforehand to eliminate the chances of confusion. Facebook has the option to memorialize or delete the account of deceased users. Similarly, Instagram and many other social media sites allow people to send a deletion request for their deceased loved one.
It seems like a mountain of work to leave instructions for every account. However, forgetting about a digital asset and living it was available on the internet is not a good choice.
4. Manage Your Online Accounts.
- Subscription services Services like Amazon Prime, Netflix, and music streaming applications charge money. Your loved one can cancel your subscriptions and save your money. Such services also offer the option to memorialize your account or playlists after your demise. Think about whether you want your loved one to continue these services after you pass away or cancel them.
- Social media accounts As mentioned before, social media accounts offer to memorialize your account or deactivate it. People often post information of sentimental value on social media accounts. The information on your social media profiles is a part of your digital legacy and memories. For example, the pictures on Instagram might be valuable to your family members. It is crucial to elect a person to download this data before deleting the account. You can also instruct your digital executor to erase all the data if you do not want anyone to have it.
- Email IDs/Google/Microsoft/Yahoo etc Our email accounts often contain sensitive information, such as call letters, interview details, applications, and other significant conversations. Make a folder containing these accounts’ usernames and passwords and share that folder with your digital executor. It is crucial to deactivate these services or transfer their ownership after your demise. After your death, the digital executor can access the folder to find instructions for each account.
Other forms of a digital legacy, like online stores, have several rules associated with them. One can not transfer ownership without legalizing the process.
Sign up to Clocr to ensure that your assets remain safe after your demise and the assistance in the process of managing your digital assets.