Who knows your “secret” passwords? A problem we encounter in probate is obtaining access to password protected information on the internet. If your Executor does not know how to access your online information, it could be lost. We encounter issues with information on Facebook; password protected investment accounts; on-line access to on-line financial arrangements. On-line storage of information “in the cloud” can also have access problems. In some cases there may be significant value lost to one’s heirs from a lack of access to password protected data. The retrieval process can be quite costly. Be sure someone trustworthy knows how to access your information.
Gabriel Berry Weston & Wells, L.L.P.Richard W. Gabriel