When preparing an estate plan, some Georgians may overlook their digital assets. Many people don't even think of themselves as having digital assets of any worth. According to a study by McAfee, however, the average American has $55,000 in digital assets. This figure assesses the potential worth for people who value the assets, not the resale amount.
Digital assets include anything that belongs to a person online. Social media accounts, email, photos in the cloud, websites and more are all types of digital assets. There are a few reasons to protect these. One is simply that it can be painful for family members to see others posting to social media accounts when they are unaware the owner has died. In addition, these accounts could become more vulnerable to identity theft.