Clear rules needed for managing digital afterlife

Prepare a will executor

Simple: choose a fiduciary and give him, her or them the proper power of attorney, so that they can manage your belongings.

The choice of a will executor for your digital assets, or your “digital executor”, is a critical step in the planning.  It can be an executor different from your regular will, or someone who is not in charge of your offline estate. Actually, you’d want to select someone who is very comfortable with technology, to be sure that this person will execute your orders and not make any blunder. Apart from this, it could be a good idea to find someone who is geeky enough to understand what you want, and to apply it. Finally, don’t choose someone who is too close from you. If you need to delete some materials, you don’t want your executor to fail on this because it reminds him or her too much of you.

The person in charge may or may not be aware of your choice, you can arrange the name on your will — but the key and lock to the assets will have to be in a separate list, to be sure you can update it regularly, when changing your passwords. And if you open an account for another service? That’s going to be the same. Just open your lists, add the account, save the file and voila!

“If you haven’t made arrangements in advance, those assets are going to pass to your next of kin. Maybe that’s not what you want—maybe you want to spare the spouse the embarrassment or the pain of it to keep your legacy intact.”

Another advantage of selecting only an executor and to have a separate list will enable you not only to manage your accounts, but you will be able to manage the beneficiaries. An access can be revoked only by changing the password of a file, and saving you the trouble of a trip in the attorney’s office.

“If you have an estate-plan document book, devote one page of it to this. It doesn’t have to be anything fancy,” Ms. Hays says. “If you want [an account] to be ongoing or serve as a memorial, you need to make that known to the person you ask to take care of this. Otherwise, they’ll probably just shut it down.”.

A digital executor can be used to prevent any issue around your death. If you own an online store, like an eBay account, an unscrupulous competitor could use your obituary to make your different accounts closed. Emails could be accessed by anyone smart enough, providing a proof of your death.


Finally, a good thing to do is to integrate the name of this digital executor into your “regular” will — to avoid any potential contestation.

Clear rules needed for managing digital afterlife

eBook: table of content.

BOOK

I. Introduction

II. Good practices

III. Steps to follow: an audit

  • 1. Do an online cartography
  • 2. Remove what you don’t use
  • 3. Cloud what you can
  • 4. Update a password list
  • 5. And do it regularly

IV. To be prepared if sh*t happen

  • Prepare a will executor
  • A trendy alternative
  • Prepare a digital legacy locker
  • Do you want a physical locker ?
  • Prepare your data flows today
  • Write out instructions for each package
  • The Poor Man solution
  • Get to know more

V. Bye

  • Beware !
  • Thanks!
  • Long live the King (or Queen)
  • BONUS
  • A service checklist

List of services // digital legacy tools 

Death policies of your the different services you may use

Clear rules needed for managing digital afterlife

A topo of digital assets versus tangible assets

A regular definition of a digital asset can be “Anything that is stored digitally, in the cloud or on local media, that might have financial, personal or emotional value”.

Your digital and online assets can be classified in two categories. On the one hand, accounts, which are keys that lead to the digital vaults like iTunes, twitter, facebook, … . On the other hand, you do have digital goods like emails, photos, tweets, music, ebooks, movies, and so on. Apart from these, you can also have digital currency, in the form of money sitting on paypal, bitcoins, online games accounts.

 People start recognizing the value of their digital assets. Take Facebook. It appears that around 10% of Britons leave their facebook password in their will# — and amongst the reasons are the fact that our photo albums do not sit at home.. but in the cloud.

 Lastly, it’s not because it’s a in game that a digital asset will have no value. They are auction websites specialized in trading items or local currencies for online games. A sword in a game (was Age of Wulin) can be sold 16k$ — and World of Warcraft fans can sell their characters from 500 to 800$ for characters on which some time was spent, to 5000$ for some well equipped warriors.

 You can consider as well your eBook library, songs and electronic movie catalog (all of them being legal and paid for, I’m sure), as well as, let’s say, your apps, for which you’ll be spending around 10$ a month# in average. Whatever the support digital assets rely on, they still represent prized possessions, with a clear financial value, but also a nice sentimental and personal value.

 A washington estate attorney took the example of one client having a complete activity and business online. A photograph today can have pictures that are published or licensed, thousands of pictures stored digitally, instructional videos and tutorials, etc.

Now imagine her heirs going into her house after her departure: there may be no trace of her business, save for the camera and set-ups. But the products would not be there, maybe no negatives, or prints, even less film rolls. Contracts, licenses, all accounts could be stored as well in the cloud. Without a proper planning, her whole life work could be done: no more publishing or licensing.

What Makes up Your Digital Estate?

Digital death laws

As per today, laws are not uniform around the globe, even in a single country like the US. Connecticut, Idaho, Oklahoma, Rhode Island, and Indiana are the only states so far to have laws concerning post mortem digital asset management. And even within this group, assets are not classified evenly : for example, 2005 Connecticut only considered an email address in its text.

However, the common point is that the aim of passing laws is to grant access to the digital executor of the dead person.