When gathering information on assets for an estate plan, some Massachusetts residents may forget about their online accounts. These digital assets also need to be included in the estate planning process. It is not always easy for heirs to locate assets in cyberspace -- especially if they do not know what to look for.
Informing heirs of what digital assets an individual owns is as easy as listing them in a will or trust. Of course, including usernames and passwords to those accounts in a will or trust is not a good idea. That information can be put into a separate document whose location can be made known to family and/or the appointed executor of the estate.