In this IIL financial planning webinar, Edward Grant gives an overview of digital legacy planning and considers what we can do to build a robust digital legacy plan for ourselves and nudge our clients too.
A digital legacy plan is a way of organising your online life after you die or if you are incapacitated. It includes everything from your social media accounts to your photos, videos, emails, subscriptions, and online banking. A digital legacy plan can help you protect your privacy, preserve your memories, and pass on your assets to your loved ones. But how many of us or our clients have thought about our digital legacy?
According to a recent survey, almost three-quarters of Britons with a Will don’t make any reference to their digital life. This means that many of our digital assets may be lost, forgotten, or inaccessible after we are gone. By creating a digital legacy plan, you can ensure that your online presence reflects your values and personality and that your digital assets are handled with care and respect. You can also make things easier for your loved ones, who may otherwise struggle to access, manage, or delete your accounts and data.
In this session, the speaker also considers how digital legacy planning can be incorporated into the gentle art of Swedish death cleaning (Dostadning) helping you to see the benefits of intergenerational planning.