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Debt levels are reaching record highs in the country—but is this having an emotional toll on American households? According to Fidelity Investments®’ latest Couples & Money study, more than half of the couples surveyed carried debt into their relationship—and for those that did, four in ten…
What would happen to everything you own if you were to pass away tomorrow? Do any of your family members or loved ones know where your online passwords are for everything? Do they have access to your Facebook account or to your bank account?
Estate planning is taking on an entire new meaning in the digital era.
Kevin Ruth, head of wealth planning and personal trust at Fidelity Investments, urges consumers to have a plan for what happens to social media accounts like Facebook (FB – Get Report) and Twitter (TWTR – Get Report) upon one’s death.
It’s important for dependents to be able to access passwords to these accounts to prevent future identity theft, Ruth noted.