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.
More From TheStreet:
- Video: Here Is Why Tax Reform Isn't Fully Priced Into the Stock Market
- ADT CEO: Here's How We'll Compete With Nest and Amazon
- Video: The Stock Market Surged During the Last Two Government Shutdowns
- Jim Cramer on What a Government Shutdown Means for the Markets
Watch TheStreet's investing interviews on Youtube