Digital Security and Your Estate Plan

We live in a world where everything is interconnected. We live in a world where everything is open, a world where the digital keys to the most critical parts of our life, our passwords and other pieces of account login info, have become an integral part of our existence. We have passwords for all of our email accounts, passwords for all of the websites we frequent, and perhaps most importantly, we have passwords that keep secure our bank accounts and other potentially vital accounts that our living trustee(s) may need to have access to should unfortunate circumstances befall us.

Security is no joke. While you will want your trustees to have access to your most important passwords, the last thing you want is for these critical bits of information to end up in the wrong hands. Always make sure your passwords and the log-in information for your accounts are safely stored. If you store them somewhere your trustee(s) can easily access them, it’s a good idea to make sure that no one else knows where they are.

Sometimes it is necessary to change our passwords or other critical pieces of log-in information. Make sure that your files are updated with only your most recent login credentials. Old and incorrect passwords will do your trustee(s) no good should the worst occur and, in the most terrible circumstances, outdated information could even create additional hardship for those you love and care about if they cannot get into critical accounts in a timely fashion.

Security questions can be a helpful way to allow your trustee(s) access to your accounts when the time comes. Some websites offer the option to retrieve your password by answering certain security questions. if you choose questions that you know your trustee(s) will know the answers to, (but that no one else will) you can secure your most vital accounts in that fashion, without ever having to write your passwords anywhere that anyone else might be able to obtain them.

Security is the most important factor. It doesn’t have to be tricky. There are many ways that you can keep your account and password information secure while still making it accessible to your trustee(s). Think carefully. Talk to your trustee(s). Make informed decisions and make sure not only that you are protected, but that those you love are protected as well. After all, that’s the whole point of an estate plan, right? Making things a little easier for those you care about in their hour of direst need.

Rayo Law Offices Can Help:

Call (916) 668-9606 or (925) 825-1955 or contact Zachary Rayo online to set up an appointment for an initial “meet and greet” consultation.