Suche
Mein Konto
Digital inheritance: Tips and recommendations from financial experts for dealing with digital inheritances
According to a report from www.fr.de, digital legacy is an important aspect that is often neglected. After their death, many people leave behind a wealth of data and accounts on the Internet. It is therefore advisable to make arrangements for digital inheritance during your lifetime to make it easier for the surviving dependents. According to a landmark ruling by the Federal Court of Justice (BGH) in 2018, digital content is treated in the same way as everything else and is therefore passed on to the heirs. This can lead to significant costs as current contracts, insurance and memberships have to be canceled. In order to make access easier for relatives,...
Digital inheritance: Tips and recommendations from financial experts for dealing with digital inheritances
According to a report by www.fr.de, digital legacy is an important aspect that is often neglected. After their death, many people leave behind a wealth of data and accounts on the Internet. It is therefore advisable to make arrangements for digital inheritance during your lifetime to make it easier for the surviving dependents.
According to a landmark ruling by the Federal Court of Justice (BGH) in 2018, digital content is treated in the same way as everything else and is therefore passed on to the heirs. This can lead to significant costs as current contracts, insurance and memberships have to be canceled.
In order to make access easier for relatives, it is recommended that you create a password list while you are still alive, which will enable your heirs to access the various online accounts in the event of your death. This list can be stored in physical form in a safe or bank locker, or stored digitally on a USB stick.
In addition, the consumer advice center recommends appointing a trusted person as the digital estate administrator who will take responsibility for the digital inheritance if necessary. Some online services also offer special legacy options, such as Account Inactivity Manager on Google or designation of a legacy contact on Facebook.
The lack of preparation of the digital estate can lead to legal uncertainty and high costs for the heirs. It is therefore advisable to deal with this issue during your lifetime and make appropriate regulations.
Read the source article at www.fr.de