In 2026, digital assets form a significant part of many estates. From email and social media accounts to cryptocurrency wallets and online businesses, executors face new challenges that didn't exist a generation ago.
The first challenge is discovery. Unlike physical assets, digital accounts are often invisible to executors. A 2026 survey found that 78% of UK adults have not documented their digital accounts in any accessible format.
Cryptocurrency presents particular difficulties. Bitcoin, Ethereum, and other digital currencies are stored using private keys, and if these keys are lost, the assets are permanently inaccessible. In 2026, an estimated £1.2 billion of cryptocurrency held by UK residents is considered 'lost' due to missing access credentials.
Social media platforms each have different policies for deceased users. Facebook allows memorialisation or deletion, Google has an Inactive Account Manager, and Apple has a Digital Legacy programme. Understanding each platform's process is essential.
Online businesses and revenue-generating content (YouTube channels, blogs, subscription services) can have significant value and may generate ongoing income. These need to be identified, valued, and transferred or wound down.
Email accounts often hold crucial information about other assets — bank statements, insurance policies, investment records. Gaining access typically requires a death certificate and Grant of Probate, though processes vary by provider.
At Castle Family Legal, we recommend creating a secure digital asset inventory as part of your estate plan. We can guide you through the process and ensure your executor has everything they need. Contact us today.
