Dotty Scott advises business owners to document their social media accounts in a notebook as part of estate planning. Write down which accounts to keep or delete if the business closes or you die, and maintain a complete list of all accounts.
Chapters
One other thing I want people to think about, and that is social media and your online presence. Do you want that, assuming that your business doesn't sell and it dissolves when you pass, do you want that to remain? And just in this notebook that you're talking about, have it written down what your wishes are for all of these different accounts. And then of course have a list of what those accounts are, because as our businesses grow and as time goes by, we have numerous online accounts. I mean, I'm sure I've got some I can't even remember opening. But you know, what are your wishes around that?