How Do Each Of The Major Social Media Companies Manage Accounts Of The Deceased

The digital era has definitely changed the way we live our everyday lives. Due to security concerns, the requirements for a password can be ridiculous these days and unless you’re a computer, you won’t remember all your passwords.

Cryptocurrency, often referred to as crypto, is a form of digital currency.

Every company has their own protocol and policies regarding the accounts of deceased users. When you are left with someone’s digital estate, it can be an overwhelming project to tackle.

When you first consider passing on digital assets, you need to gather and consider all your digital accounts.

Like a traditional executor, this individual is responsible for settling your estate and assets but in this case, they are all digital assets.

Write down thoughts you have about family and friends, share lessons, tips, and important stories you'd like to be carried on.

Creating a digital estate plan is more important than ever in our modern era. In our lifetime, we have accumulated numerous accounts, digital assets, and a massive digital footprint that should be settled like any other parts of our lives.

Computing hardware, such as computers, external hard drives or flash drives, tablets, smartphones, digital music players, e-readers, digital cameras, and other digital devices

Let’s talk about the elephant (or perhaps the skeletons) in the room. What do you do with the parts of your life you don’t want others to know about after you pass?

A ‘Legacy Contact’ is a specific term that refers to an individual that has been appointed to be in charge of taking care of one's internet accounts after they pass away

Thanks to the Revised Uniform Fiduciary Access to Digital Assets Act (RUFADAA) makes the transfer of digital possessions to fiduciaries, like executors and attorneys, legal.

Online social media has been around since the early 2000’s and is only growing and increasing in popularity generation by generation.

As discussed in the previous section, the study conducted by University of Oxford is predicting the dead could outnumber the living on Facebook by as early as 2070.

As we previously discussed, you can legally pass on most of your digital assets due to the Revised Uniform Fiduciary Access to Digital Assets Act.

Unfortunately, once you die, your family can't legally obtain access to your online accounts, like Facebook, Twitter, and email accounts.

From photos to stories, memories, and medical history, your family legacy consists of many components all of which are important to pass on to the next generation.