Do you keep up with your friends and family through Facebook? Do you upload pictures to the Internet? Do you receive financial statements electronically? If so, what will happen to these accounts when you die or can no longer manage them yourself?
In this age of password-protected social media sites, it is important for you to make arrangements for someone to manage or close your accounts if you die or become incapacitated.
One of the best ways to do this is to specifically give your agent under your Power of Attorney and Trustee of your Trust (or Executor of your Will if you do not have a Trust) the power to manage or close your accounts. You should also leave a list of the accounts you use, as well as your screen names and passwords, in a safe place so your appointed person can actually access your accounts. Finally, you should leave a statement of how you want your accounts managed. Do you want your agent or Trustee to completely cancel your accounts, or do you want him or her to maintain them? Some sites may even allow your agent or Trustee to create a memorial page for you. There are many choices for you to explore.
[Disclaimer: The materials contained on this website have been authored or gathered by the Law Offices of Stuart D. Zimring, and are intended for informational purposes only. It is not intended to be and is not considered to be legal advice. Transmission is not intended to create and receipt does not establish an attorney-client relationship.]