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Category: Estate Planning

Digital Estate Planning

I often counsel clients on the importance of making sure that the documents they spend money to create are of little use if nobody can find them. The same is true with your digital information. If the person whom you designate as your attorney-in-fact (which is the name for someone exercising powers under a power of attorney) is unable to access your online accounts, the power of attorney might not be very helpful.

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Importance of Planning

Planning for the possibility of incapacity and the certainty of passing away is an uncomfortable topic for most people. However, failure to plan for these events can sometimes lead to unintended financial outcomes, family tension and many other negative and sometimes heartbreaking consequences. While the strategies may vary, estate planning is important for everyone no matter the size or complexity of the estate.

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