Denton County Living Well Magazine Fall 2015 | Page 46

What Happens to Your Online Accounts After You Die? Courtesy The Ashmore Law Firm, P.C. W ith the continually growing use of our online activities, and our lives being lived, and stored online, it has become necessary to have an estate plan for your digital assets in addition to an estate plan for your traditional assets. There are too many issues that can arise if you do not have the proper plan in place for your digital assets. Online accounts such as, Facebook, Twitter, Pinterest, PayPal, Instagram, email accounts, investment accounts and online banking accounts are all examples of digital assets. It’s important to know what happens to your digital assets when you die and things to consider when planning for these digital assets. Below are a few examples of what happens to your online accounts after you die. Facebook After you die, Facebook allows your immediate family, upon verification, to memorialize your account, delete your account or remove it. Recently, there has been a new option added to Facebook called a “legacy contact.” In February of this year, Facebook announced a policy that allows you to designate a “legacy contact,” who’ll be allowed to pin a post on your Timeline after your death. The contact won’t be able to log in as you or read your messages, but will be allowed to respond to new friend requests, update your cover and profile photos, archive your Facebook posts and photos. You can find the “legacy contact” in the security section of your Facebook. 44 Pinterest As with Twitter, Pinterest will not gi