In 2026, our digital lives are more valuable than ever. From cryptocurrency holdings to online businesses, social media accounts to digital photo libraries, your digital assets need to be part of your estate plan.
Cryptocurrency is a particularly important consideration. In the UK, an estimated 10% of adults now hold some form of cryptocurrency. Without proper planning, these assets can be permanently lost when someone dies, as access requires private keys or recovery phrases.
We recommend creating a digital asset inventory as part of your estate plan. This should include: email accounts, social media profiles, online banking, investment platforms, cryptocurrency wallets, subscription services, and any online businesses.
Your Will should name a 'digital executor' — someone tech-savvy you trust to manage your online presence after death. This person should know where to find your password manager or encrypted document containing access details.
It's important NOT to include passwords directly in your Will, as Wills become public documents after probate. Instead, use a secure password manager and include instructions for accessing it in a separate, confidential letter of wishes.
Social media platforms each have their own policies for deceased users. Facebook allows memorialisation, while other platforms may simply delete accounts. Your digital executor can handle these according to your wishes.
At Castle Family Legal, we help clients create comprehensive estate plans that include digital assets. Don't let your digital legacy be lost — contact us today.
