Why You Need a Digital Estate Plan and How To Create One

Digital estate planning is a relatively new phenomenon, having only begun to receive attention from legal and financial planning scholars in the past decade or so. And just as technology evolves with breakneck speed, the laws governing control and access to digital estates are also evolving — albeit at a somewhat slower, legislative pace. Providing instruction to your fiduciary on how your digital assets should be handled is a vital piece of planning to ensure an orderly transition of assets and to safeguard against identity theft. While any comprehensive digital estate plan should include coordination with an attorney, Parsec Financial can help you understand what you need to consider when creating your digital estate plan.

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