List of digital assets and devices
List of digital assets and devices
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The Importance of Digital Asset Planning
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A list of digital assets is a record of all your digital assets and digital (electronic) devices, such as digital audio and video, digital currency, digital documents, digital images, ebooks, email accounts, online media accounts, software and applications, and virtual assets.
It's important to have a list of digital assets and devices so that you can keep track of them and plan for their management after your mental incapacity or death.
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Without a list of digital assets and devices, your loved ones may not be able to access important information or take over the management of your digital assets and devices leading to potential loss of data or financial information.
A list of digital assets and devices makes it easier for your executor or a trusted person to access your digital assets and devices and ensures a smooth transition of your digital assets after your mental incapacity or passing.
With a list of digital assets and devices, you can ensure that your digital legacy is preserved and that your online presence reflects your wishes after your mental incapacity or passing.
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Creating a list of digital assets and devices, and keeping it up to date, is a simple and effective way to stay organised and prepared for the future.
With a list of digital assets and devices, you can ensure that they are managed according to your wishes and that your executor and loved ones have the guidance they need to manage your digital assets and devices after mental incapacity or passing.
The Risks of Not Having a List of Digital Assets
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Without a list of digital assets and devices your loved ones may not know where to find your digital assets or access the information on your digital devices.
This can lead to potential loss of data, financial difficulties, or missed opportunities to carry out your wishes after you pass away
A list of digital assets can help you avoid these risks by ensuring that all digital assets and devices are accounted for and accessible to your loved ones.
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Managing digital assets and devices after a loved one is mentally incapacitated or passes away can be difficult and time-consuming.
Without a list of digital assets, your executor or loved ones may struggle to manage your online accounts or access important information stored online or on digital devices.
A list of digital assets and devices makes this process easier and ensures that your executor or loved ones can carry out your wishes without unnecessary difficulties or delays.
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Without a list of digital assets, it can be difficult for your executor or loved ones to monitor your digital assets (including online accounts) for suspicious activity or unauthorised access. This can increase the risk of online fraud or identity theft.
How to Create a List of Digital Assets
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You can simply create a list of all your digital assets and devices in the comfort of your home on DYOdocs.
Don't forget to include important documents or files stored online, such as tax returns, insurance policies, or legal documents.
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Using DYOdocs you can create a comprehensive list of digital assets and devices by category, and you can also detail your wishes as to who is to be responsible for them if you are mentally incapacitated and after you die, and record your wishes as to how they are to be dealt with.
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It's important to regularly review and update your list of digital assets and devices to ensure that it is current and reflects your current wishes.
With DYOdocs, you can easily update your list and ensure that your digital legacy is always protected and managed according to your wishes.
Overall, creating a list of digital assets and devices is an important step in securing and protecting your digital legacy. With DYOdocs, you can simplify the process of creating a list of your digital assets and devices, and record your wishes for their management after your mental incapacity or passing. By keeping your list up-to-date, you can ensure that your digital legacy is always protected and managed according to your wishes.
Disclaimer: This article should not be relied upon for legal advice. Always seek professional legal advice before making any decisions regarding your business.