In today’s world, online activities have evolved to become the driving force behind our daily life. We do so much “on the net” that a whole new asset class has been created…and something that needs attention.
These new assets make our lives easier, but they have real and significant impact on our death and its planning. They include,
When it comes to your estate and legacy, online accounts and digital property need the same, if not more attention as physical ones.
Many advisors that we all trust and respect, think they have a workable solution. But most are only speculating the road to a successful outcome. This is a new area of Death Services, and many are figuring it out as they go along. Only when it’s too late it’s discovered that even the best laid plans can fail…. placing a client’s reputation, legacy and estate value at risk.
More specifically, for T&E law firms, inadequate planning opens the door to liability and lawsuits.
Introducing The Digital Death Clinic (DDC). The DDC are the experts in online account and digital asset succession management. Our consulting and training programs are designed to prepare professional advisors, for a better outcome for their clients. We also support improved counseling performance while reducing the risk and liabilities for loss.
Our ProCare track focuses on those offering advanced and complex services in death services.
For;
Digital property is the newest category that we all need to worry about. For advisors, this emerging and challenging industry poses new risks that can’t be solved with conventional wisdom and chancy advice. Technology is invention and those leading innovation haven’t considered the impact when users and account holders die, placing preparation and administration in the lap of advisors, loved ones and fiduciaries who don’t know what to do. The result is unnecessary loss, pain and frustration combined with decreasing the estate’s value.
The DDC team has instructed CLEs and CEs and has appeared nationally and international panels, being recognized experts in this highly specialized area. The team at the DDC are the specialists in the complex and challenging area of digital property succession management and online death netiquette.
Every day, countless individuals leave behind undiscoverable digital footprints. Overtime, they accumulate a deep asset portfolio that has financial and legacy value to heirs and loved ones.
These assets can no longer be ignored or passed over. We’ve become dependent on them for our daily life. Apps are now used for staying in touch with friends and family, business associates, and even clients. They are investments, banking, memories, history IP and more.
With the transition technology platforms and structure, digital property significantly different than physical property. They are bound by restrictive laws and have no paper trails being delivered by postal services. There are no receipts, printed financials statements or developed pictures. The are now in digital forma stored in the cloud or on a local server that can be difficult to locate and access. The very nature of digital property forces loved ones and estate representatives to play detectives identifying accounts, securing the disclosure of the account’s contents, examining servers, folders, and files, and then distributing it all. The tasks are daunting…regardless of having a will or trust in place.
Without proper education, advisors face the formidable task of planning and preparing these delicate assets. The DDC educates and prepares advisors and their clients for a seamless introduction of digital property into service portfolios, making it easier for you to guide your clients.
Want a more personalized touch? We offer group or one-on-one consultations to walk your clients
through everything they need to prepare. This way, they fully understand the steps for managing their
digital assets effectively.
Digital property is the newest category that we all need to worry about. Technology is an emerging and challenging industry. Innovators are creating new products and services at lightening speed than any other asset category. And clients are adopting and adapting to them just as fast.
For advisors, it poses new risks that can’t be solved with conventional wisdom and chancy advice. Technology providers don’t really consider the impact when their account holders die. This places effective preparation and administration in the lap of advisors, loved ones and fiduciaries who don’t know what to do. The result is unnecessary loss, pain and frustration combined with decreasing the estate’s value.
For lawyers and fiduciaries, digital property succession management carries new obligations and duties. Responsibilities go beyond simply identifying devices, accounts and the assets within, but new language and provisions need to considered for particular asset types including cryptocurrency, NFTs, artificial intelligence (AI) and personal avatars.
The DDC team has instructed CLEs and CEs and has appeared nationally and international panels, being recognized experts in this highly specialized area. The team at the DDC are the specialists in the complex and challenging area of digital property succession management and online death netiquette.
Our comprehensive consultation solutions ensure you know how to manage a client’s digital presence after their passing, including social media announcements and profile memorialization.
Most people don’t realize how crucial it is to consider their digital presence after death. How they’re portrayed online will be the final impression for friends and family. It’s often how they learn of the death, funeral or memorial services, and ongoing memorial events like anniversaries and celebrations of life.
We help you plan these essential details, including:
Improper handling of online profiles can lead to emotional distress for families and reputational risks for clients. We provide the guidance needed to navigate these sensitive tasks with care and professionalism, ensuring your clients’ last online impressions are dignified and respectful.
Partner with The Digital Death Clinic to navigate the intricacies of digital asset management and ensure
your clients’ digital legacies are secure and properly managed.
Don’t leave your clients’ digital property to chance. Whether you’re a lawyer, financial advisor, funeral director death doula or other death service provider, the Digital Death Clinic is the perfect opportunity to keep up with industry developments. Schedule a consultation with The Digital Death Clinic and confidently add digital legacy management to your services .
