Digital Asset Inventory

A Digital Asset Inventory represents a complete list of all digital assets, hardware, and software you've acquired during your lifetime.
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Frequently Asked Questions

The chosen Digital Executor will be the person to sort out your files, folders, pictures, videos, maintain or shut down your social media accounts.
They'll also inform online communities about the asset holder's passing. Preferably, you'll choose a highly organized and detail-oriented person for the job.
They should also be tech-savvy, but most importantly, they should be willing to take on the responsibility presented to them.

Ideally, you won't keep the passwords in the Digital Asset Inventory unless you have no other choice.
If you can add the Digital Asset Inventory to your Will, you can add separate instructions for the Digital Executor that will lead them to the passwords for your accounts. That way, you're minimizing security breaches and potential damages to your digital assets.

If the person who has died has set automatic subscriptions for their streaming accounts or subsection-based software, you can ensure their cancellation. All you need to do is contact the credit or debit card issuer to cancel these accounts.
However, often that is not what the Digital Executor does unless they're also the family member who will manage banking accounts for the deceased person.

There are several ways to keep the Digital Asset Inventory safe if you cannot name a Digital Executor in your Will.
You can keep it with your attorney, lock it in a safe or a locking cabinet, or you can use an online storage company that specializes in this type of service.

Unless you plan to store the Digital Asset Inventory with the attorney or add it to the estate planning, it's unnecessary. The inventory represents a straightforward checklist that you can create on your own. With a template, it's an even easier process.