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IL Estate Planning Blog

Monday, September 12, 2011

Digital Asset Information

Since so many people today are using ID's and passwords to access their accounts, the following is recommended by many individuals in banking and finance.  Draft a separate document that would list all of your online accounts, passwords, security questions and answers, and whether the account has monetary value.  You can draft the document in the form of a letter to your executor or agent, listing detailed instructions for locating specific assets or information.  You also need to designate which assets that you want deleted and which ones that you want passed on to family members, and whom you want to take care of such business.  This document can be printed or stored on a computer, USB flash drive, or in a cloud with remote access.


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