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Digital Estate Planning

digital estate plan
Security

10 Reasons Why Businesses Need a Digital Estate Plan

In the last two weeks, we have talked about digital estate plans and why it is crucial for businesses today to have one. Since most business data is now stored digitally, it makes sense to protect these digital assets in the event the business owner passes away. If you still don’t have one and are still on the fence about whether creating one is worth your time and effort, we have listed 10 excellent reasons to encourage you to get started soon. 1. Protection of Digital Assets with a Digital Estate Plan This step is the primary purpose of planning—it…
Kelle White
August 30, 2023
Protecting Your Business
Business ProductivitySecurity

Protecting Your Business in Case of Death

It would be a shame and an unfortunate waste if a business cannot continue operating after the owner’s death. Fortunately, we have ways to circumvent this, beginning with a highly efficient thing called digital estate planning. When protecting your business, this is an effective way to prepare before death. There are a few scenarios where the business can continue past the owner’s death. For example, we have sole proprietorships and traditional partnerships, where the dissolution automatically happens when the owner dies. But for many other cases, digital estate planning plays a role in ensuring the business will continue running under…
Kelle White
August 23, 2023
effective digital estate planning
Business ProductivitySecurityTech Tip

A Step-by-Step Guide to an Effective Digital Estate Planning

In our previous blog, we began talking about the digital assets of a business—what they are, why they are vital to the business, and how to protect them. We have also mentioned how important it is to protect them even after you, the business owner, have passed away, through effective digital estate planning. A digital estate plan will give authorized people access to business accounts, and all other restricted aspects of the business when you are no longer around or have become incapacitated. But how does one create an effective digital estate plan? It’s not something that you do every…
Kelle White
August 16, 2023
digital estate planning
Business ProductivitySecurityTech Tip

Protecting Your Business through Digital Estate Planning

Keeping your business protected is very important. But you should ask yourself if you have all areas covered. Security cameras and restricted entry areas are vital for protecting the physical location. To protect employees, implement all their necessary rights and privileges, and so on. All this is important, but one thing to prioritize as a business owner is protecting your digital assets through digital estate planning. What Are Digital Assets? Digital assets comprise everything in your business that is, well, digital. These include data, software, applications, and intellectual property. If you are like most businesses today, your daily operations rely…
Kelle White
August 9, 2023