Why your digital assets should be included in your estate plan

We’re constantly hearing that we live in a digital age where our businesses and much of our lives is taking place online – yet how many of us have thought about how this impacts our estate planning?

  • Important documents: For many of us, going paperless with our important documents is as much about security and accessibility as it is about being environmentally friendly. But in the event of our passing, this can make essential information impossible to locate and access. Including information such as accounts and passwords in our estate plans (and keeping them regularly updated) will keep this information secure until such time that it needs to be accessed by trusted individuals.
  • Social media: Many of us have multiple social media accounts, whether for business or keeping in touch with friends and family. After our passing, these accounts are generally managed by a friend or family member and kept as a memorial or shut down. With the help of your attorney, you can dictate what you would like done with your social media accounts as well as provide essential access details.
  • Media and memories: Similarly, access to your computer and personal files should be specified and included in your estate plan. This isn’t just limited to important personal documents, but also photographs, video and other media that those close to you would consider treasured memories.
  • Revenue generating assets: Just like your home or vehicle, digital assets can have significant financial value. Examples of these assets can include a blog that brings in advertising revenue, mobile apps which you’ve developed or revenue-generating channels on YouTube that you create. These assets should be listed along with any access details so that they can be distributed according to your specifications.

Estate planning today means peace of mind tomorrow

Developing your estate plan is more about caring for your loved ones and organizations close to your heart than confronting your passing. With a current estate plan in the hands of a leading law firm, you can rest assured that your health, assets and loved ones will be taken care of the way you would like.

We can assist you with all aspects of your estate plan, from drawing up your Last Will and Testament to Living Trusts, medical directives and Power of Attorney documents. For more information on setting up or changing an estate plan, please contact us at the law firm of Sedita, Campisano & Campisano, LLC in New Jersey today.

Five signs that your elderly family member needs assistance

As we age, we can expect to see changes in our mental and physical abilities – however, these changes and the degree to which they affect the lives of our loved ones can be hard to detect. Here are some warning signs that your elderly family member may need more support:

  1. Relationship changes: Cutting off important relationships with friends and family can be a sign your loved one is struggling. Keep in touch with good friends and chat about events in their lives to ensure they are maintaining a healthy, active social life.
  2. Neglecting the home: If your parents always took pride in their home and its cleanliness, signs of neglect can indicate they are no longer coping with the workload. This could be temporary due to a recent illness, for example, but if it persists there is good reason for concern.
  3. Financial confusion: Bills that haven’t been paid, losing money, paying bills multiple times, dramatically increased spending and other unusual financial issues are a reason for concern. This may indicate that forgetfulness is becoming a more frequent problem and it leaves your loved one vulnerable to financial elder abuse and the many fraud schemes that target the elderly.
  4. Increased memory loss: While a certain amount of short-term memory loss is to be expected as we age, a dramatic increase in incidents is important to watch out for. This could include accidental overdosing on medication, forgetting regular appointments, burning meals and the bottoms of pots by forgetting them on the stove and forgetting to lock windows and doors.
  5. Accidents: Falls in the home, scrapes on the car, fender benders and loss of balance are all signs your loved one needs additional support at home. Moving to a single level, easily navigable home and having access to safe transport services will help ensure their safety and your peace of mind.

Elder law attorneys can assist with Medicaid, Medicare and more 

At Sedita, Campisano & Campisano, LLC, we have over 30 years of experience in New Jersey elder law and can assist you and your loved one with:

  • Medicaid planning.
  • Accessing Medicaid and Medicare benefits.
  • Accessing state and federal veteran’s benefits
  • Drawing up estate planning documents, including a financial Power of Attorney, a healthcare proxy and medical directives.
  • Drawing up a Last Will and Testament.
  • Establishing a NJ legal guardianship.

With our expertise and compassion, we can help your loved one grow older with dignity, in comfort and with proper peace of mind. For a free consultation, please contact us today.

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