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By Katya Sverdlov
Founding Attorney

Facebook now allows you to designate a “legacy contact”. This is a person who will be able to take over the account in a limited capacity if the user dies.

  • If you do not designate a legacy contact, but name a digital heir in a legal will, Facebook will honor your wish.
  • If you do not do anything, your Facebook account will simply freeze.

http://www.wsj.com/articles/facebook-heir-time-to-choose-who-manages-your-account-when-you-die-1423738802?mod=e2fb

About the Author
Katya Sverdlov, Esq., a Chartered Financial Analyst (CFA®) and attorney, founded Sverdlov Law to provide personalized legal services in estate planning, probate, elder law, and business succession. With 12 years on Wall Street, she manages complex financial matters. A Cornell University and Brooklyn Law School graduate, she also lectures, writes, and volunteers.