“Are you prepared?”

Are you prepared

Richard Webber has famously said that,

“We’re all going to die. We don’t get much say over how or when. But we do get to decide how we’re going to live. So do it. Decide. Is this the life you want to live? Is this the person you want to love? Is this the best you can be? Can you be stronger? Kinder? More compassionate? Decide. Breathe in. Breathe out, and decide.”

so it’s a fact that all of us are going to die, sooner or later, but, the question is … ‘are you prepared?’

What does it mean to be prepared in this context? Prepared could mean that you take care of your assets and liabilities, you think about your beneficiaries , your power of attorney etc.

On the same lines, you think about your digital assets.

But why is it important to be prepared….

Our digital assets are most likely to exist forever if not deleted, shut down or infected with viruses which lead to it getting lost (which is very unlikely).

Our email accounts, social media pages, digital albums, online bank accounts etc. will still be in existence when we pass away. Now with our new knowledge we know there is something called digital asset management.

It will be up to us to determine what we want done to our assets. It is advisable to have a list of all your digital assets with detailed information on what you would like done with all the information on the accounts.

If you would like the account to be closed down completely, turned into a memorial page or even send birthday, anniversaries messages from beyond the grave.

It is important to plan ahead to save your loved ones the hassle of trying to figure our passwords. It gives them access to photos, videos and even the settling of bills. It makes everything easier after your death.

There are many ways to plan it. You could go the old fashioned way with the pen and paper, a will or as technology evolves evolve with it and go for the easy, safe and secure version. Set up an E-vault with PlannedDeparture and keep all your digital assets in one safe place.

Kindly repost if you found this helpful. Thank you 🙂

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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