DIGITAL
INVENTORY
CHECKLIST

DIGITAL INVENTORY CHECKLIST FOR YOUR ESTATE PLAN

Just as your wishes for the distribution of your tangible assets are accounted for in your Will and Estate Plan, your digital assets and online presence deserve the same attention.

Neglecting this aspect can lead to confusion, potential loss of digital heirlooms and even complications in handling your digital affairs.

Develop a detailed inventory of your digital assets with our checklist

1 List your digital accounts

☑ Email accounts (eg Gmail, Outlook)
☑ Social media profiles (eg Facebook, LinkedIn, Twitter, Insta)
☑Webhosting and domain services
☑ Financial accounts (eg lenders, investments, super, online payment systems such as PayPal, BNPL apps)
☑ Health care and medical (MyHealth record, Medicare, health funds)
☑ Cloud storage services (eg Dropbox, Google Drive, iCloud)
☑ Online shopping accounts (eBay, Amazon, Gumtree…)
☑ Streaming services (eg Netflix, Stan, Amazon Prime, Disney+, Spotify Apple music)

2 Travel and accommodation services (Airbnb, booking.com, QANTAS, Virgin logins)

☑ News, media and educational subscriptions (SMH, The Age, NYT, the Guardian, Kindle…)
☑ Utility and bill accounts (energy, gas, water, rates…)
☑ Government accounts (myGov, ATO and tax related portals)
☑ Membership accounts (eg gym, online forums)
☑ Any other digital assets or accounts

3 Record username and password information

☑ Username/ID for each account
☑ Passwords for each account
☑ Security questions and answers if applicable

4 Store passwords securely

☑ Choose a reliable password manager
☑ Create a master password for the password manager
☑ Share access to the password manager with a trusted individual (your executor or digital executor)

5 Specify your digital assets

☑ Identify valuable digital assets, such as photos, videos, important documents etc
☑ Indicate where these digital assets are stored (eg on your computer, in cloud storage)

6 Decide on social media accounts

☑ Specify what should be done with your social media accounts (eg memorialized, deleted, passed on to heirs)
☑ Include login information for social media accounts

7 Appoint a digital executor

☑ Choose a trusted individual to be your digital executor
☑ Provide the digital executor with access to the digital inventory (list of accounts and passwords) and your specific instructions

8 Update the digital inventory regularly

☑ Periodically review and update the digital inventory to reflect changes in your digital presence including new accounts, password changes and any additional digital assets

9 Communicate your wishes

☑ Inform your digital executor and other relevant parties of your digital inventory’s existence and location
☑ Ensure that your loved ones are aware of your digital estate plan and where to find it

10 Include the digital inventory in your overall estate plan

☑ Integrate the digital inventory with your traditional estate planning documents, such as your will and living will, to create a comprehensive estate plan that covers both physical and digital assets

11 Store the digital inventory securely

☑ Safeguard the digital inventory document in a secure location, such as a safe or a digital vault, and ensure that your trusted individuals know how to access it when the time comes

By following this checklist, you can create a well organised digital inventory for your estate plan, ensuring that your digital assets are handled according to your wishes.

 

Topicsheets

 

Topicsheets

Contact the office

Planning for your afterlife is never easy. But don’t make it hard for those you leave behind.
Reach out for a confidential discussion on how we may be able to help you with these decisions.


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