Digital legacy to be a part of your will

Written By Unknown on Kamis, 17 April 2014 | 22.10

LONDON: Leaving behind everything for your children? Don't forget your digital legacy.

Britons may soon include their email, social networking and online account ids with their passwords in their will.

The Law Society of England and Wales has now come up with a new and interesting advisory for those writing their will - don't forget your digital legacy.

People have been asked to leave clear instructions about what should happen to their social media, computer games and other online accounts after their death, according to the Law Society.

Having a list of all your online accounts, such as email, banking, investments and social networking sites will make it easier for family members to piece together your digital legacy, adhere to your wishes and could save time and money.

Not making your digital legacy clear could mean important or sentimental material- such as photographs on social networks - is never recovered.

Digital assets can also include music, films, email accounts and computer game characters.

Gary Rycroft, a member of the Law Society Wills and Equity Committee, said people should not assume family members know where to look online and to make details of their digital life absolutely clear.

Rycroft said "If you have a Twitter account, your family may want it deactivated and- if you have left clear instructions - it will be easier for your executors to have it closed. If you have an online bank account, your executors will be able to close it down and claim the money on behalf of your estate. This is recognized in the Law Society's Wills and Inheritance Quality Scheme Protocol, which recommends completion and maintenance of a Personal Assets Log, including digital assets and consideration of how to ensure that those dealing with the estate will be able to access those assets," Law Society president Nicholas Fluck said "As technology has evolved, so has the way we store information. Simple things such as photographs, which in the past we could have flicked through in a printed album, are now stored online. By making our wishes clear now, it will be easier for loved ones to recover pictures to cherish and will help with the more practical issues such as online bank accounts".


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