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The pros and cons of digital wills

There is an app for almost everything these days and wills are no longer an exception. Some apps help people in Pennsylvania to write their wills, while others provide a location for safe storage. As CNBC points out, the problem with electronic storage is that heirs may not know it exists or could have a difficult time logging into cloud storage accounts to retrieve it.

On the other hand, when only printed documents exist, the deceased may not have them stored in one proper location. This might make it difficult for those they leave behind to find everything anyway. By having all needed documents in one central location, the process may become a lot easier. Subsequently, it is up to each individual to decide which option may work best for themselves and their families.

Choosing the right company is also important. A lot of tech startups are pushing storage options, but if they disappear, a person’s information may disappear with it. So, instead, people should choose companies that are more established and relatively permanent. If they are free, even better. One platform commonly used which provides 15 GB of free cloud storage per email is Google.

According to the American Bar Association, another aspect of digital wills is getting them electronically signed. Note that not all states accept these signatures as legitimate, which may lead to problems with accepting and executing the will. Because of this, people need to do extensive research, while also keeping in mind that laws can change and change back again, depending on who is in office.

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