If you have children, you’ve probably thought about who would care for them should something happen to you. But have you thought of who might care for aging parents? Today’s society demands “new considerations” when it comes to estate planning, says the BMO Retirement Institute. The group’s new report, “Estate planning in the 21st century: New considerations in a changing society,” instructs Americans to review estate plans to factor in parents, pets and technology.
Nebraska has a bill before it’s legislature that will address the difficult issue of a deceased person’s online life by giving access to the executor of that person’s estate. The bill does not just focus on Facebook, but takes into account the myriad social network, blogging and email accounts that a person can acquire over the years.