This week’s Word to the Wise is: Digital Assets: Computer files and accounts, such as online accounts (including social media), patents, and computer records. Why do digital assets matter in estate planning? When someone dies, the only way their digital assets can be accessed is if they have shared logins and passwords and other
This week’s Word to the Wise for estate planning is: Debt: An amount of money owed to another person or party. Why does debt matter in estate planning? After you die, the assets of your estate must be used to resolve all unpaid debts you owed, including credit card balances and loans.
How LegacyWise’s estate-planning process gets your documents ready virtually. Estate planning involves making important decisions about your children and your assets. It’s a very personal experience, and one that benefits from step-by-step directions and insights. LegacyWise is designed to guide and ensure that you make all these decisions—and complete the documents reflecting those decisions—in a