Does Your Estate Plan Need Updating to Include Digital Assets?

This article explains the importance of keeping your estate plan up to date, especially since people are living longer and need more options in their documented life. Three sections in your estate plan that should be examined several times include digital assets, guardianship designations, and appropriate names in the documents. Adding an addendum in legal documents can help with the hassle of updating each new digital asset program. Choosing a guardian that will act in the best interest of the person in need is important and having multiple people acting as guardians can help ease the load of the affairs. Having appropriate names included in the estate plan strengthens your documents because life changes, and the people you have named could get ill or possibly refuse the responsibilities.

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