What is the value of my digital photographs ? and …

 

Value of photo

… how can I ensure that I do not loose them ?

This question has been bothering me for a long time. With the advent of digital cameras and smartphones with cameras the number of photographs taken has exploded. According to this slideshare the number of photographs taken has exploded from 86Billion in 1999 to 380Billion in 2011. Every second 26 photos are uploaded to instagram.

But what impact does it have on their importance?

I remember when I was a child each photograph had an emotional or sentimental value attached to it. We took photographs of all the memorable and precious moments of our lives weather it was festival time or marriage or birth. I still want to look at those photographs to relive those precious moments that made my life. I want to look at those photographs to remember all the important people who meant a world to me and are no more around.

Are we losing the value of memories or precious moments because of digital explosion?

Just because we ‘can’ we are taking photographs of every tiny little thing. The emotional value of that photo is short lived. Out of thousands of digital photographs that I have on phone, laptops or external hard drive, I would definitely like to pass on some rare and precious moments to my son or to my grandchildren. These photographs are my precious digital assets. I came across this interesting article that explains how insurance firms and courts establish a ‘market value’ to an object of sentimental value to the owner.

So how do we ensure that these precious moments are not lost in time?

Exactly for this reason we have PlannedDeparture to pass on our precious moments, our emotional legacy to our family.  We can store and preserve the memorable or copyrighted photographs to protect and safeguard them at the same time ensure that these photographs are transferred to our family.

I would like to protect my digital assets and transfer my emotional legacy to my family, would you?

Image source: http://sallyslackblog.com/why-are-digital-files-so-expensive-newborn-baby-photographer-essex/

 

Author: Planned Departure

Living and working in this digital era, our social media accounts – from Facebook, Twitter, Flickr to the likes of Pinterest – are increasing not only in number but also in volume. Additionally, many of us have domain names registered and libraries of movies, digital music and e-Books that can be of significant value. And let's not forget about Bitcoin and other virtual currencies! For the majority of us, these accounts and digital assets are likely to outlive us. And when we die, it is left up to family members and estate executors to sift through them all. Furthermore, even though they may have all the required passwords necessary for these accounts, many heirs will discover that they have no clear authority to access, or even to manage, the online accounts of their deceased loved ones. With the value of individuals' digital assets globally measured in the hundreds of billions of dollars, planning for the protection of our digital assets has moved to centre stage. It is essential that our online and social media accounts are included as part of the estate planning process. Failure to do so may not only deprive those we leave behind of fond memories and (possibly) a little nest egg, it could also leave us vulnerable to postmortem identity theft if fraudsters get to use our personal details to apply for credit facilities whilst our accounts remain unguarded. Planned Departure resolves these issues. We provide you with the ability not only to protect your digital assets, but also to clearly indicate who can access your online accounts and who should benefit from them. Create piece of mind today by registering with us in one quick and easy process.

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