Keeping Track of Digital Assets

Keeping an updated list of your digital assets will help determine the value of your assets, and also keep them organized for others to reference after you pass on.

What is a Digital Asset?

A digital asset is anything that you keep a digital record of. The following are examples of digital assets:

  • Photos and videos
  • Streaming services
  • Social media accounts
  • Email accounts
  • Financial accounts
  • Merchant accounts (e.g., Amazon, eBay, Etsy)
  • Loyalty programs (e.g., for airline miles and hotels)
  • Virtual currency (e.g., Bitcoin)

Why Must Digital Assets Be Part of Your Estate Plan?

  • Digital assets have value (actual or sentimental)
  • To prevent identity theft
  • To avoid unexpected costs
  • To control how your digital assets are passed on or accessed

Inventory of Your Digital Assets

  • Use the following Digital Asset Inventory to list every online account that you own. Click here for a Digital Asset Inventory
  • Make a separate list of your current passwords and keep them in a safe place (or subscribe to a password management system and share that account with a trusted individual).
  • Safeguard your lists to avoid unauthorized access to your accounts.
Categories: Uncategorized