Welcome!

Weblogic Authors: Yeshim Deniz, Elizabeth White, Michael Meiner, Michael Bushong, Avi Rosenthal

News Feed Item

Digital Limbo: Rocket Lawyer Uncovers How Americans Are (or Aren't) Protecting Their Digital Legacies

In Recognition of Make-a-Will Month, New Rocket Lawyer Survey Reveals 82 Percent of Americans Who Have a Will and Have Any Digital Assets Don't Have a Digital Executor and 64 Percent of Americans Still Don't Have a Will

SAN FRANCISCO, CA -- (Marketwired) -- 04/21/15 -- Social media sites recently released new estate executor policies, shining light on a new reality -- estate management now requires plans for the "digital afterlife." This Make-a-Will Month, Rocket Lawyer commissioned an online survey by Harris Poll among over 2,000 Americans to uncover how people are preparing for the unknown -- whether they're creating a customary Last Will and Testament, or appointing modern digital legacy contacts. New data revealed that 64 percent of Americans still don't have a Will, and while 86 percent of those who have a will indicate they have digital assets, less than 13 percent of those with digital assets have appointed a digital executor.

"People don't think twice about uploading sentimental, valuable and confidential information online, yet their Wills often only cover their tangible possessions, said Charley Moore, Rocket Lawyer Founder and CEO. Modern estate planning needs to consider all of the legal ramifications, from protecting loved ones and children, to preserving Facebook timelines, allocating iTunes libraries and protecting bank accounts."

Digital Assets Falling to the Wayside
A digital executor is a person that people appoint to manage their digital assets after they die, from social media accounts, to bank information and content libraries, like iTunes and Amazon. While a small number of Americans (36 percent) already have a Will in place, 70 percent of those who have a Will have not appointed a digital executor, leaving their online wealth susceptible to legal risks.

Americans' opinions of how to manage the online estate aspects of their Wills are also divided. Thirty percent reported that they dislike new 'legacy executor' policies incorporated by social media sites, while 38 percent like them, and 32 percent are undecided. The findings uncovered a rift in how users would choose to protect their digital assets -- 51 percent of those who have any social media accounts would want their accounts deleted by their 'legacy contacts,' 31 percent would want them to memorialize their accounts and 29 percent would prefer to archive their accounts, so the executor would only be able to downloaded photos, posts and profile information.

The Avoidance Factor
Sixty percent of Americans without a Will indicated that they simply haven't gotten around to making one yet, and over one-fourth (27 percent) don't feel that it's urgent. The number one reason that Americans with a Will have not appointed a digital executor is because they were unaware that a separate one was needed (54 percent). Thinking about estate planning requires some difficult decisions, but it's important that people take legal measures to protect their legacies and ensure their most valuable assets are maintained.

Additional findings from the survey include:

  • 70 percent of Americans aged 45-54 do not have a Will, and 54% of Americans aged 55-64 do not have a Will
  • 39 percent of Americans who have a Will and have not appointed a digital executor assumed their family and loved ones would be able to access, manage or delete their digital assets (which legally, is not often the case)
  • 33 percent of Americans who have a Will and have not appointed a digital executor didn't know they could protect their digital assets in their Will
  • 33 percent of Americans who have a Will and have not appointed a digital executor had not even considered what would happen to their digital assets after death
  • 69 percent of Americans say the digital assets that would be most important to protect in the case of their death would be their online banking and financial accounts (69 percent), followed by email accounts (33 percent), eCommerce accounts (15 percent) and social media accounts (13 percent)

Planning for the Unknown
Estate planning is necessary for people to unburden their loved ones after their demise. As our lives are becoming increasingly more digital, it's important for Americans to plan accordingly and consider the virtual components that they want to protect.

This Make-a-Will month, Rocket Lawyer is encouraging everyone to take the time to make an estate plan. According to the survey, 18 percent of Americans who don't have a Will say it's because they don't have a lawyer, and 14 percent believe it costs too much. It's simple and free to create a step-by-step Last Will with Rocket Lawyer. For those who need customized guidance from an attorney -- such as people with dependent children, real estate, significant assets or ownership in a business -- it's easy and affordable to talk to a lawyer with Rocket Lawyer On Call® and get the legal guidance they need.

About Rocket Lawyer™
At Rocket Lawyer, we believe everyone deserves affordable and simple legal services. Since 2008 we've helped over 20 million families and small businesses take care of their legal matters so they can focus on what really matters. From free legal documents and business incorporation to discounted rates with outstanding attorneys, we're there to help every step of the way. For more information on Rocket Lawyer, please visit http://www.rocketlawyer.com and follow Rocket Lawyer on Twitter, Facebook and Google+.

About The Harris Poll
Over the last 5 decades, Harris Polls have become media staples. With comprehensive experience and precise technique in public opinion polling, along with a proven track record of uncovering consumer motivations and behaviors, The Harris Poll has gained strong brand recognition around the world. The Harris Poll offers a diverse portfolio of proprietary client solutions to transform relevant insights into actionable foresight for a wide range of industries including healthcare, technology, public affairs, energy, telecommunications, financial services, insurance, media, retail, restaurant, and consumer packaged goods. Contact us for more information.

Survey Methodology
This survey was conducted online within the United States by Harris Poll on behalf of Rocket Lawyer from March 31-April 2, 2015 among 2,009 adults ages 18 and older, among which 787 have a Will, 663 have any digital assets, and 551 have a will and have not appointed a digital executor. This online survey is not based on a probability sample and therefore no estimate of theoretical sampling error can be calculated. For complete survey methodology, including weighting variables, please contact rocketlawyer (at) highwirepr.com.

Contact Information:
Abra Cohen
acohen ( at ) rocketlawyer.com
415.354.3236 x. 4093

Denise Schenasi
for Rocket Lawyer PR
rocketlawyer ( at ) highwirepr.com
415.963.4174 ext. 22

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
"Space Monkey by Vivent Smart Home is a product that is a distributed cloud-based edge storage network. Vivent Smart Home, our parent company, is a smart home provider that places a lot of hard drives across homes in North America," explained JT Olds, Director of Engineering, and Brandon Crowfeather, Product Manager, at Vivint Smart Home, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Conference Guru has been named “Media Sponsor” of the 22nd International Cloud Expo, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. A valuable conference experience generates new contacts, sales leads, potential strategic partners and potential investors; helps gather competitive intelligence and even provides inspiration for new products and services. Conference Guru works with conference organizers to pass great deals to gre...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develop...
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, led attendees through the exciting evolution of the cloud. He looked at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering m...
"Evatronix provides design services to companies that need to integrate the IoT technology in their products but they don't necessarily have the expertise, knowledge and design team to do so," explained Adam Morawiec, VP of Business Development at Evatronix, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. In his session at @BigDataExpo, Jack Norris, Senior Vice President, Data and Applications at MapR Technologies, reviewed best practices to ...
Widespread fragmentation is stalling the growth of the IIoT and making it difficult for partners to work together. The number of software platforms, apps, hardware and connectivity standards is creating paralysis among businesses that are afraid of being locked into a solution. EdgeX Foundry is unifying the community around a common IoT edge framework and an ecosystem of interoperable components.
Large industrial manufacturing organizations are adopting the agile principles of cloud software companies. The industrial manufacturing development process has not scaled over time. Now that design CAD teams are geographically distributed, centralizing their work is key. With large multi-gigabyte projects, outdated tools have stifled industrial team agility, time-to-market milestones, and impacted P&L stakeholders.
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"IBM is really all in on blockchain. We take a look at sort of the history of blockchain ledger technologies. It started out with bitcoin, Ethereum, and IBM evaluated these particular blockchain technologies and found they were anonymous and permissionless and that many companies were looking for permissioned blockchain," stated René Bostic, Technical VP of the IBM Cloud Unit in North America, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Conventi...
In his session at 21st Cloud Expo, Carl J. Levine, Senior Technical Evangelist for NS1, will objectively discuss how DNS is used to solve Digital Transformation challenges in large SaaS applications, CDNs, AdTech platforms, and other demanding use cases. Carl J. Levine is the Senior Technical Evangelist for NS1. A veteran of the Internet Infrastructure space, he has over a decade of experience with startups, networking protocols and Internet infrastructure, combined with the unique ability to it...
22nd International Cloud Expo, taking place June 5-7, 2018, at the Javits Center in New York City, NY, and co-located with the 1st DXWorld Expo will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud ...
"Cloud Academy is an enterprise training platform for the cloud, specifically public clouds. We offer guided learning experiences on AWS, Azure, Google Cloud and all the surrounding methodologies and technologies that you need to know and your teams need to know in order to leverage the full benefits of the cloud," explained Alex Brower, VP of Marketing at Cloud Academy, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clar...
Gemini is Yahoo’s native and search advertising platform. To ensure the quality of a complex distributed system that spans multiple products and components and across various desktop websites and mobile app and web experiences – both Yahoo owned and operated and third-party syndication (supply), with complex interaction with more than a billion users and numerous advertisers globally (demand) – it becomes imperative to automate a set of end-to-end tests 24x7 to detect bugs and regression. In th...
"MobiDev is a software development company and we do complex, custom software development for everybody from entrepreneurs to large enterprises," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Cola, and Vidya Nagarajan, a Senior Product Manager at Google, discussed how from store operations and ...
"There's plenty of bandwidth out there but it's never in the right place. So what Cedexis does is uses data to work out the best pathways to get data from the origin to the person who wants to get it," explained Simon Jones, Evangelist and Head of Marketing at Cedexis, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5–7, 2018, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buye...
SYS-CON Events announced today that Telecom Reseller has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
It is of utmost importance for the future success of WebRTC to ensure that interoperability is operational between web browsers and any WebRTC-compliant client. To be guaranteed as operational and effective, interoperability must be tested extensively by establishing WebRTC data and media connections between different web browsers running on different devices and operating systems. In his session at WebRTC Summit at @ThingsExpo, Dr. Alex Gouaillard, CEO and Founder of CoSMo Software, presented ...