During the estate planning process, it is important to have someone in charge of managing and executing your wishes regarding both physical and digital assets. For a digital estate plan, this responsibility often falls to a digital fiduciary—a trusted individual or entity equipped to manage online accounts, digital files and other electronic assets.
Choosing a digital fiduciary for your digital estate plan requires serious consideration, and these tips can help you make the right choice to protect your digital legacy.
Make sure they understand your wishes
It is important to clearly communicate your desires regarding your digital assets to the fiduciary. They should know how you want your online presence to be managed after your passing—whether it’s preserving certain accounts, closing others or deleting information. Making sure they fully understand your preferences is vital for them to carry out your wishes effectively.
Choose someone trustworthy
The individual you select must be someone you trust since they will have access to highly sensitive information. This person should be responsible, reliable and discreet, capable of handling your digital matters with care and in line with your instructions.
Select someone with technical skills
A digital fiduciary should have the necessary technical knowledge to manage your online presence effectively. This person should be comfortable navigating digital platforms, accessing accounts and resolving technical issues that may arise when handling your online assets.
Designate a backup fiduciary
It’s prudent to appoint a backup digital fiduciary in case your first choice is unable to fulfill their duties. Your backup should be equally trustworthy and capable of handling your digital estate. Having this important contingency in place makes sure your digital legacy is not left in limbo.
Update your estate plan documents
Once you have chosen your digital fiduciary, you should update your estate plan to reflect your intentions. Make sure your will, trust and any other relevant documents include specific provisions for managing your digital assets and the role of the fiduciary. Regular updates will help ensure your digital estate plan remains current and comprehensive.
By following these tips and with skilled legal guidance, you can confidently choose a digital fiduciary who will manage your online assets according to your wishes and protect your digital legacy.
