April 22, 2015
The problem is, "after you die, there's no one monitoring all these assets anymore, which makes them vulnerable to theft," says Gerry W. Beyer, a professor at Texas Tech University School of Law and a leading expert on the estate-planning aspects of digital assets.
Complicating matters, secret usernames, passwords, and other login codes used to keep intruders out die with you. That makes it very difficult or even impossible for your survivors to take proper control of your digital assets. State laws granting rightful access to survivors are in their infancy, while user agreements usually bar access by others to protect their customers' privacy.