Pub. 3 2013-2014 Issue 4

18 O V E R A C E N T U R Y : B U I L D I N G B E T T E R B A N K S - H E L P I N G C O L O R A D A N S R E A L I Z E D R E A M S FEATURE ARTICLE “The key to making the correct selection is to factor in all of the key areas of vendor management, especially in light of available guidance from the FFIEC.” A Digital Legacy: What to Expect, How to Prepare E veryoneknows it’sagood idea tohaveawill; in thismoderndigital age, though, it has alsobe- come increasinglynecessary tohaveaplan for handlingdigitalestatesaftersomeonehasdied. BY SHAUNA GUERREO, THE NEWSLINK GROUP, LLC That’s why estate planning has expanded in ways no one could have foreseen even a few years ago. The broad categories include: • Social media websites such as Facebook and Twitter • Online accounts and passwords for retail stores, banks, credit unions, and credit cards • Online photos and videos • Blogs There are times when people can manage without a team of people to help them. This isn’t one of them. After all, the issues involved in han- dling a digital legacy are at the forefront of many of the changes going on today. People should not try to navigate these waters on their own.