Digital Possessions …

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Digital Possessions …

What do we term as digital possessions?

Digital possessions are digital items that individuals distinguish from other digital items by specific qualities that individuals perceive the digital items to possess. Twenty-three participants were interviewed about their definitions of and relationships with digital possessions to identify the most salient characteristics of digital possessions and to inform preservation. Read more

We collect various items as we grow at different stages of our lives.  It could a collection of stories, an archive of classic movies or a stack of letters but with the growing age of technology everything is different now. These used to be our physical assets but now it’s all digital. With the help of our smartphones, laptops, computers and tablets everything is stored digitally.  Stack of letters are now emails, story collections are now eBooks and classic movies are now downloaded online.

With online storage systems such as iCloud, google drive, drop box, open drive and Zumo drive we can store our assets for free. It is fairly simple and easy to do. Set up an account and just download your files. Photos, videos, movies, documentaries and many more can all be stored on your drive.

If you pass away all this information could be lost without proper documentation and information, your family won’t be able to access this information.

With Planneddeparture you can save your drive in your secure vault. If you do not store all your passwords, documents, deeds, account information in one secure place, finding out all the information can be a tedious task but the worst part is, these sentimental assets, memories and information could be lost forever because your family didn’t know they existed or couldn’t have the needed information to access it. If you leave instructions on what you would like to be done, it would be carried out and your friends and family will not be troubled with thoughts on what to do and what not to do.

File formats are often updated and changed. If your legacy isn’t protected by giving the right information to your beneficiaries it can’t be preserved.

Plan ahead. Sign up today with planneddeparture and secure your digital assets.

Image source: http://blog.kaspersky.com/digital-assets/

 

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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