Managing your Digital Afterlife: Using the “Leave a Password” feature

So much of our lives are intertwined with online accounts that it’s hard to remember a time when they weren’t. Our social connections, bill payments, banking, insurance policies and more are facilitated through an online service. And access to those accounts is almost always requires a password.  
We all plan to live a long life. But have you ever wondered what happens to that information after you’re gone? Who controls it? Who has access? Unlike us, our digital lives are immortal.  
Having a plan for our digital lives is an important estate planning activity. Without providing access to these online accounts, our loved ones may have significant challenges in settling our affairs, or be unable to properly shut down certain online accounts. This can add significant stress to what is already an emotional situation.
The number of accounts and passwords held by individuals continues to climb. This study from 2012 shows just how many accounts people have. It’s a safe bet that the number has climbed higher since then. 
Think of the various online entities that you have.  They can range from those used daily, to the rarely accessed.  All of these online accounts may offer some value, whether administrative or emotional, to your loved ones as they finalize your estate.  

Which of these online accounts do you have? 

It’s easy to lose track of how many accounts we gather over time. Would your loved ones be able to access them if you passed away?
Email: Do you use Gmail, Outlook, AOL or other email services?
Social media: Do you have accounts on Facebook, Twitter, YouTube or other platforms?
Cloud storage services: Do you store any files using a service such as DropBox, iCloud, SkyDrive or others?
Digital Wallet: Do you have accounts with PayPal, Google Wallet, Bitcoin or others?
Blog: Do you have a personal or professional blog?
Hosting services: Where are your blogs or websites hosted?  
Others?: What other accounts do you want your loved ones to access, manage or delete for you?

How can you make this easy for your family?

The easiest way to help our loved ones manage our digital afterlives is to leave them our passwords. But passwords must be kept somewhere that you can trust. Where can they be safely left?
You could write the passwords down and put that list somewhere, but that opens up the possibility of loss, damage or theft. Also, you should be regularly changing your passwords to guard against hackers and identity theft. Will that list be up to date when your loved ones need it?
You could save them on your computer in a file. But how do you guard against them being discovered accidentally? Or a computer crash that wipes out everything?
thoseilove has an intensely secure environment designed to provide maximum security and encryption coding.

Using the Thoseilove “Leave a password” feature includes the ability to leave passwords within each capsule.  Use the “Leave a Password” option to record passwords for selected online accounts or social media sites. These saved passwords will appear as individual entries in the capsule contents. You can conveniently update any password by logging in to your account.
All stored passwords are immediately encrypted as soon as it is saved on our servers. This means that if our servers were ever compromised, even though we have world class security, then the hackers would not be able to read the information. It would be scrambled.
Only you can see the information by logging in to your account, or your designated capsule recipient once the capsule is released to them

Steps to leave password information in a Capsule.

  • Login to your account.
  • Select the person’s capsule, or set up a new one, where you’d like to leave password information in.
  • Click the “Leave a password” button and follow the instructions.

Wrap up

Passwords control access to much of what is important to us and our loved ones. By securely saving, and then passing that information on, families left behind are relieved of the burden of trying to figure it out after you are gone. You are putting yourself and your family in a position to take control of your online legacy.