In 2016, Washington State legislators introduced the Revised Uniform Fiduciary Access to Digital Assets Act to ease access to a deceased person’s digital assets.
Some online accounts are crucial to releasing monetary assets. Some contain things such as photos that you may want your family to have. Accessing others is necessary to avoid unnecessary ongoing bills. Here are some typical online accounts you may wish to provide access to:
There are three ways your estate administrator can access your digital accounts:
You can prohibit access to particular online accounts if there are things you prefer not to share, but giving the executor of your estate access to most of your digital assets is wise.
An effective estate plan is one of the most valuable things you can leave behind for your heirs. An attorney can help you tailor your estate plan so that everyone’s needs are met.
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