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Keep Up-to-Date With Digital ResponsibilitiesKeep Up-to-Date With Digital Responsibilities

Getting access to online accounts post-death is critical.

13 Min Read
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As the exponential growth in the storage of asset and liability information on digital platforms and devices continues unabated, the ability to gather critical asset and liability information following a death is becoming ever more complicated. Fiduciaries responsible for post-death administration must collect, secure, inventory and value all assets and account for all debts, expenses and administrative costs. The inability to access critical information that’s stored digitally significantly increases the risk that fiduciaries will fail to meet these obligations and therefore risk exposure to personal liability for any losses that may occur. 

In response to this relatively new need for fiduciaries to gain access to critical asset and liab...

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About the Authors

Stacy E. Singer

Senior Vice President, The Northern Trust Company

Stacy E. Singer is a Senior Vice President at The Northern Trust Company, Chicago. She is the Central Region Advisory Practice Executive, where she works closely with trust professionals on all aspects of the delivery of fiduciary services to clients throughout the Midwest.

Prior to joining Northern Trust as a Vice President in June 2003, Stacy was a Vice President in Estate Administration at Harris Trust & Savings Bank. Other previous positions include an Associate at Burke, Warren, MacKay & Serritella, P.C. from 1995 to 1999 and an Associate at Chuhak & Tecson, P.C. from 1993 to 1995.

Stacy received a B.A. degree in Political Science with high honors from the University of Michigan and a J.D. degree from the University of Michigan Law School. She also holds a Certified Private Wealth Planner designation.

Stacy is a member of the Board of Directors of the Chicago Estate Planning Council, where she serves as Vice President and Program Chair. She is a former Adjunct Professor at the John Marshall Law School, Center for Tax Law and Employee Benefits and was previously on the Faculty of the American Bankers Association National Trust School. She is a member of the Professional Advisory Committee for Jewish United Fund of Metropolitan Chicago.

Fredrick B. Weber

Senior Wealth Advisor, Northern Trust

Fredrick B. Weber is senior wealth advisor for Estate Settlement Services at Northern Trust Company in Chicago.