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June 13.2025
2 Minutes Read

Preparing Your Digital Legacy: Essential Steps for Business Owners

Floral wreath with digital icon representing digital legacy planning.

Understanding Your Digital Legacy

As we navigate the digital age, our online presence has become an integral part of our lives. From cherished family photos stored in the cloud to essays, blogs, and countless social media updates, the amount of digital assets each person has is monumental. Statistics reveal that an average internet user has over 150 online accounts, which complicates the transfer of digital possessions after one’s passing. Unfortunately, too few people prepare ahead, leaving their loved ones in a challenging position during an already difficult time.

The Importance of Planning Ahead

When a person passes away, their digital legacy can become an emotional and logistical burden for family members. Many companies do not have clear policies regarding a user's digital accounts after their death, leading to confusion and heartache for bereaved families. A recent study highlighted that fewer than 15% of popular digital platforms provide robust systems for managing accounts in the event of a user's death, creating a gap that many families are forced to navigate on their own.

A New Resource: The Digital Legacy Clinic

In recognition of this pressing issue, the University of Colorado Boulder has introduced the Digital Legacy Clinic, the first of its kind aimed at helping individuals prepare for their digital futures. Much like writing a traditional will, planning your digital legacy ensures that your online assets are managed according to your wishes. This free clinic combines the expertise of students and professionals to help individuals articulate and plan for their digital futures, making it easier for families to handle such affairs when the time comes.

How the Digital Legacy Clinic Works

The Digital Legacy Clinic operates by allowing individuals to fill out a simple form and then receive follow-up support from students who can offer personalized assistance. This guidance can include everything from organizing digital files to making provisions for online accounts. Client sessions often take place via Zoom, prioritizing privacy and comfort.

Taking Action: Why Digital Estate Planning Matters

For business owners and managers, understanding digital estate planning is not just crucial for personal affairs; it can significantly affect your business. With many operations now reliant on digital assets, having a clear plan in place prepares businesses for unforeseen situations. By attending to your digital legacy today, you safeguard your personal and your business’s future.

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