Digital Inheritance Dilemma: UPI, Wallets, Crypto Vanish After Death?

• Digital assets like UPI, wallets, and crypto are often inaccessible to families after an unexpected death due to password protection and lack of clear inheritance processes.
• Unlike traditional assets with nominees and paper trails, digital accounts lack standardized inheritance mechanisms, making access difficult even for close family.
• UPI balances in linked bank accounts are transferable with a nominee, but the app itself is device-linked, hindering access to transaction history.
• Crypto assets are the most challenging; without private keys or login details, they are often permanently lost as exchanges lack clear inheritance workflows.
• Proactive measures like maintaining a secure record of digital assets, enabling nominations, and using password managers with emergency access can mitigate these issues.

Why It Matters: Secure your digital assets now to prevent loss and ease family burden after your passing.