The explosion of social networking over the last few years has transformed the way we do everyday tasks such as going shopping, reviewing our bank account, communicating with each other and the storage of our photographs,music and data.

Unfortunately  very few of us stop to consider what would happen to all this information in the event of our death, with the result that access can be lost to our treasured music collection, photographs and in some cases even our bank accounts. It is therefore now very important to consider what might happen to our virtual data in the event of our death.

If no provision is made for access to these accounts they can be lost for good. The most serious problem is with encrypted accounts which are password protected. If the password dies with us, it may leave our executors unable to access assets or unaware of the existence of our online account.

For this reason it is now prudent to consider our online information as part of our future estate and factor this into the will planning process. It is vital to consider who should (or should not) be granted access to this data in the event of our death. We would therefore strongly advise that this is done when you decide to make or update your will.

If you raise the question of virtual data with us when making or updating a  will  we will make arrangements for Internet passwords to be securely stored with your will and only released to certain people in particular circumstances. All you would then need to do is to advise your family that in the event of your death they should contact us as we will have been left instructions as to how your online information is managed.

Given the sensitivity of the information we would certainly advise that you only use a solicitor as we are obliged to keep your information confidential, are regulated and insured.

If you want to learn more please do not hesitate to either contact Sarah Charnley or Jennifer Wilkinson on either 01704 532890 or (0151) 928 6544. Why not  visit our will page now.