For many people, planning a will and estate can be a daunting task, as it forces them to confront their own mortality. As difficult as it is, though, it's important for everyone - no matter what phase of life they are in - to keep these considerations in mind, as completing these documents can make the logistics of sorting out money and assets much easier for the loved ones they leave behind.
In today's world - with the rise of the internet and social media - preparing for the end of your life also includes mapping out the fate of your digital assets and other intangible intellectual property. Here are some tips to remember when creating your digital estate plan:
Create a list of your logins - From Facebook to your bank accounts, you'll want to take inventory of all your user names and passwords and be sure to store them in a secure place like a safety deposit box.
Name the person in charge - This should be someone you trust with all your most private information. When you meet with your estate planner, let him or her know who this individual is and that they should gain access to the list of your logins in the event of your passing.
Write a set of instructions - Which accounts would you like deactivated? Do you want to give your family members access to the private blogs you've been keeping? These are just a few of the questions you should answer in detail.
No matter how young and healthy you are, it's a good idea to plan your estate so you have full control over what happens to your money and your assets when you are gone. If you reside in the Granite State, there are lawyers in New Hampshire who can work with you to ensure that all your legal documentation is prepared in the event of unforeseen circumstances.