Attorney John Levy Urges Naming 1 Data Executor for Digital Estate Plans

1 articles · Updated · KEYE TV CBS Austin · Sep 21

John Levy said estate plans should now cover passwords and other digital information, recommending clients name a “data executor” to help manage electronic assets after death.
Revocable trusts can still leave gaps if heirs or trustees cannot find online accounts or access credentials needed to identify bank, stock and other assets.
Levy said the role would usually fall to the successor trustee or executor, with instructions written into trust or estate documents for handling necessary digital access.
Because access rights, account agreements and estate laws vary, Levy said people should work with a qualified attorney to decide how digital assets and credentials fit their own plans.