A (relatively) new concept has entered the realm of estate planning: a digital legacy. With so much of your information stored in the cloud, where will it go when you die? Will everybody have access to it? Will anybody have access to it? In the WSJ+ webcast earlier this year, Joanna Stern interviews Goetz Fitzpatrick Partner and Trusts & Estates attorney Alison Arden Besunder about how to prepare your digital legacy. Recently, Joanna and Alison revisit the topic in Joanna’s Wall Street Journal article, “The iPhone Feature to Turn on Before You Die”. This article gives step-by-step instructions on how to set up this new legacy setting in iOS 15.2 that allows you to specify who can access the information in your iCloud if you die.
And how do you know if you’re on iOS 15.2? Go to Settings > General > About and look at your software version. If you’re not on the latest version, you can easily update by going to Settings > General > Software Update and agreeing to the terms.
As 2022 approaches, it’s time to make a New Year’s Resolution to get your estate in order. You can start today by setting your legacy contacts in your iPhone, then calling the Trusts & Estates team at Goetz Fitzpatrick LLP at 212.695.8100 ext. 28 to set up a consultation.
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The Perfect New Year’s Resolution: Developing Your Estate Plan
SLATs: The Hot New Estate Planning Technique for 2021
Now is the Perfect Time to Add a GRAT to Your Estate Plan