Delray Beach, FL  October 28, 2019: Mindy Felinton, founder of Felinton Elder Law & Estate Planning Centers, has posted a new blog on her law firm’s website entitled “Include Directions For Digital Assets When Creating Estate And Asset Protection Plan.” Ms. Felinton reminds readers to make it possible for caregivers or loved ones to be able to access digital accounts and other assets.

Felinton reminds readers, “We are living in the digital and have been for a few decades now.” She continues, “In fact there are young people who have never seen or heard of a telephone that sat on a table that rang loudly and had to be answered. Some kids do not even know how to use or dial an old-fashioned telephone.”

“Considering that just about everything is done digitally these days,” Felinton writes, “and your entire world can be carried around in the palm of your hand, a great many who have not been weaned on computers do have financial accounts that they manage digitally, as well as monthly bills from mortgages to club memberships.” She adds, “But, many people do not think to include their digital account access information in their wills or estate and asset protection plans.”

According to Felinton, “More and more attorneys are asking for this information and it will be common soon enough. But, at the moment it is still an area that is being overlooked with dire consequences.” Felinton states, “AARP has posted a thorough article about this subject on their website, which you can read by clicking here.

The entire blog can be read at https://www.felintonlaw.com/include-directions-for-digital-assets-when-creating-estate-and-asset-protection-plan/

About Mindy Felinton

From a young age, Mindy wanted to be the voice that would make an impact in people’s lives. She became an attorney and has practiced law for over 30 years, so that she could fulfill her desire to help others. As a special prosecutor, Mindy defended the underdog (literally) in cases of animal abuse. As a state attorney in Florida she fought for justice. During the last 25 years, Mindy met many wonderful people who did not know their rights, did not understand the law, and did not know what options were available.

Mindy assists families with Medicaid planning to help with the cost of nursing home care and with obtaining veteran’s benefits to make the cost of care more manageable.   She also prepares wills, trusts, powers of attorney, and medical directives.  Mindy is passionate about educating both other professionals and the public concerning VA Aid & Attendance benefits, Medicaid benefits,  and the use of trusts for the protection of assets.  She shares her experience and professional knowledge through free workshops, and as a frequent lecturer at State Bar Conferences.

The post Felinton Elder Law & Estate Planning Centers Founder, Mindy Felinton Encourages Readers To Update Or Create Legal Documents That Include Access To Digital Accounts And Assets appeared first on Felinton Elder Law and Estate Planning Centers.

When Creating Your Estate and Asset Protection Plan, Don’t Overlook Your Digital Assets

We are living in a digital world.

And have been for a few decades now. In fact there are young people who have never seen or heard of a telephone that sat on a table that rang loudly and had to be answered. Some kids do not even know how to use or dial an old-fashioned telephone.

Just about everything is done digitally these days. Your entire world can be carried around in the palm of your hand. Even many who’ve not been weaned on computers, do have financial accounts that they manage digitally. Furthermore, they may organize and pay monthly bills online – from mortgages to club memberships.

Unfortunately, many people do not think to include their digital account access information in their wills or estate and asset protection plan or plans.

More and more attorneys are asking for this information and it will be common soon enough. But, at the moment it is still an area that is being overlooked with dire consequences. AARP has posted a thorough article about this subject on their website, which you can read by clicking here.

If you don’t care to read the entire article, I’ve pulled out the most important part, “Prepare (or revise) your estate planning documents to address digital assets and information. Ensure that all your documents (wills, powers of attorney and trusts) authorize somebody to be your “agent” for your digital life and your executor for your digital estate. For example, your documents may include language giving your chosen person authority to “access, control, use, cancel, deactivate, or delete Digital Accounts and Digital Assets, and to access, control, use, deactivate or dispose of Digital Devices.” This makes sure your caregiver would not be essentially hacking into your accounts by using your password and login information, but truly has legal consent to do so.”

At Felinton Elder Law & Estate Planning Centers we include a list of questions regarding digital assets that include financial accounts as well as photographs, music, films, artwork, and more. Give us a call to schedule a meeting to revise or create estate planning documents that include all of your assets.

The post When Creating An Estate and Asset Protection Plan Include Directions For Digital Assets appeared first on Felinton Elder Law and Estate Planning Centers.