Frankly, it’s just a plan for how your loved ones can keep watching Disney movies on your iTunes account if you died. Ok, maybe it’s more than that, but that’s the gist of it.
The most challenging estate administrations that I have had involved searching for accounts where the deceased had been chasing the (now non-existent) highest interest rate all over town. Consider how challenging locating assets can be if you didn’t even know where to start!
In the information age, assets and personal information are increasingly held online. Bank and credit card statements are delivered to your email. Video collections are purchased through iTunes, Google Play or Amazon Video. If you’re like me, the only photo albums you have are on iCloud. Continue reading What the heck is a digital estate plan?
