Almost everything people do now is online. If you die or become incapacitated, your loved ones will need to access your online digital accounts. If they don’t have access, how will they monitor your automatic payments? Take care of your bank accounts? Or even manage your Facebook page? Indiana’s new laws make it much easier for your attorney-in-fact and/or Executor to access your digital accounts, but this can still be a time-consuming process. In order to help your loved ones and keep the process simple, it would be beneficial to create a list of your user names and passwords for digital accounts.
Do not put this private information in your Will because your Will is made public after you die. You could put the information in a Trust if you have one, but this would not be practical either because you may change, update, add, or delete your digital accounts. The best idea is to create a list with all of your digital accounts and their access information (like user names, passwords, PINs, etc.) It’s important that you keep this list up-to-date with the most current information. Be sure to include information on how to access your computer, Internet provider, email accounts, blogs, websites, photo storage sites, social networking accounts, online subscriptions, online banking, mortgage provider, retirement plans, automatic bill paying, software applications, and cell phones.
To help you organize your information, we’ve created a packet for you to fill in with your information and keep with your legal documents. The packet has space for you to fill in with information about your digital accounts and your tangible accounts. If you keep the packet up-to-date and keep it with your legal documents, then your loved ones will have a much easier time helping you if you become incapacitated or die.