social media
Business Planning

3 Things You Should Never Do On Social Media

Social media offers you an amazing opportunity to authentically connect with prospects and clients, build brand awareness, and dramatically boost sales.

When done right, social media can propel even a tiny business into a global brand overnight.

When done wrong, however, social media can do incredible damage to your brand in just as short a time span. Making just one ill-conceived post on Facebook or Twitter can alienate loyal clients, ruin your reputation, and make your company the receiving end of jokes on late night TV. And that’s not even mentioning the potential legal and financial risks that can occur if you’re not careful. 

If you want to prevent your brand from going viral for the wrong reasons, here are three “don’ts” when posting on social media:

1. Don't post about politics and/or religion

In case you haven’t been online lately, posting about politics or religion can be terribly polarizing. Indeed, posts discussing either topic can set off volatile emotional reactions that have the real potential to end friendships – and not just online ones. So unless you want to potentially lose half of your client base, avoid discussing these subjects on social media.

What’s more, because social media profiles are easy to access, you might want to encourage your team to create new “business-friendly” accounts if they post to your company’s pages. These “safe for work” profiles can prevent followers from stumbling upon something potentially offensive should they ever check out your team’s personal accounts.

2. Don't post only about your business

Social media is designed to be a social platform, not merely another advertising vehicle. You want to engage readers, start conversations, and inspire people to keep coming back, not bore them with constant press releases and monologues bragging about your products and services.

It’s fine to promote yourself and your products, especially if there’s something new to talk about, but don’t make it all about you. People get tired of reading posts that are just about your business and how great it is, so mix things up. Make it more of a two-way conversation, rather than an infomercial. 

Share insightful, newsworthy, or entertaining content from others in your industry or those outside your field who inspire you. Engage your followers with polls, Q&As, and other types of content that allow them to participate in the dialogue and provide their own feedback. Motivate them to return by offering discounts and other special deals that are only available to your followers.

Ultimately, you should strive to use social media as a way to engage and interact with clients by offering them a taste of your operation’s unique culture and personality. Let the marketing mask drop for a while, and give clients a peek at what really happens behind the curtains.

3. Don't post without proofreading

While it may sound like pure common sense, far too many businesses fail to proofread their posts, needlessly tarnishing their reputations in the process. Social media is a fairly casual medium, but posts containing typos, grammatical mistakes, and other errors can make you appear unprofessional at best – and downright incompetent at worst.

One infamous example of such carelessness was a Tweet from the U.S. Department of Education that highlighted the importance of education by posting a quote from the civil rights activist and scholar W.E.B DuBois. The quote came out fine, but the Tweet misspelled his name “DeBois.” 

Naturally, Twitter erupted with mockery, inspiring the DOE to post a correction. However, the follow-up post ended with, “our deepest apologizes for the earlier typo,” which had cyberspace expressing a collective, “Doh!”

To prevent this, always spell-check your posts, but that won’t catch everything. Mistakes involving words like “two/too,” “bare/bear,” and “their/they’re” will slip right past such programs, as will lots of other errors, so it’s a good idea to have a fellow human proofread your posts as back-up. Indeed, having at least two sets of eyes review your business’ posts before making them live should be the rule, not the exception.

Watch your step

Beyond its potential to offend, bore, and embarrass, poor social media management can also lead to more serious consequences – some of which can land you in court and/or bankruptcy. From data theft and ransomware to running afoul of privacy laws and getting sued over intellectual property violations, maintaining a social media presence comes with other potential hazards you may not even be aware of.

In light of these potential pitfalls, you should conduct a risk-assessment of your social media strategy. We can ensure you are in full compliance with the latest laws, aren’t setting yourself up for costly lawsuits, and have the proper insurance coverage in place should something go wrong.

We offer a complete spectrum of legal services for business owners and can help you make the wisest choices on how to deal with your business throughout life and in the event of your death. We also offer you a LIFT Your Life And Business Planning Session, which includes a review of all the legal, insurance, financial, and tax systems you need for your business. Schedule online today.

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digital
Estate Planning

What Happens To Your Facebook Account When You Die?

If you’re active on social media, Facebook probably plays a prominent role in your life. And now the social media titan can even play a role in your afterlife.

Today, estate planning encompasses not only your tangible assets—bank accounts and real estate—but your digital assets as well, such as cryptocurrency, websites, and social media accounts. Though social media may seem trivial compared to the rest of your personal property, a Facebook account functions as a virtual diary of your daily life, making it a key part of your legacy—and one you’ll likely want to protect.

Because social media is so new, there are very few state laws governing how your Facebook account should be handled upon your death. In light of this, Facebook itself is in nearly total control of what happens to your profile after you die. And without proper planning, your post-mortem Facebook presence can haunt the loved ones you leave behind.

Since roughly 8,000 Facebook users die every day, the company has created a few options for dealing with your account once you’re gone. While it’s possible for you to take care of this on your own, many people are working with legal professionals like us to incorporate these digital assets into their overall estate plan to ensure their legacy is properly preserved and protected.

Here are three options for what you can do with your Facebook account when you die:

1. Do nothing

Unless Facebook is notified of your death, it assumes you’re still alive, and your profile remains active indefinitely. While this might not seem like a big deal, your profile will continue to be included in Facebook searches, People You May Know suggestions, and birthday reminders.

Your friends and family likely won’t want to be constantly reminded of your absence, and even worse, ex-friends and/or trolls will be able to post potentially hurtful messages on your timeline. To shield your loved ones from this kind of thing, you should go with one of the other options.

2. Memorialize the account

In 2009, Facebook began allowing accounts of the deceased to be “memorialized” at the request of a friend or family member. Once an account has been memorialized, only confirmed friends can see the profile or find it in a search. Your memorialized profile will no longer appear in friend suggestions, nor will anyone receive birthday updates or other account notifications.

When your account is memorialized, the word “Remembering” will be added next to your name on your profile. Depending on your privacy settings, friends and family members can post content and share memories on your timeline. A memorialized account is locked, so its original content cannot be altered or removed, even if an individual has your login info.

In 2015, Facebook created a new policy that allows you to designate a family member or friend as a “legacy contact” to manage your memorialized account. This contact will be allowed to pin a final message to the top of your timeline, announcing your death or providing funeral information. The contact can also respond to new friend requests and update your cover and profile photos. The legacy contact will not be able to log in as you or see any of your private messages.

Preserve your legacy

Since social media and other digital property are such an important part of your life, you should work with us to ensure that these assets are protected by your overall estate plan. We can help you name a digital executor, who can quickly and easily manage your Facebook account and other social media upon your death. We can also help you inventory all of your other digital assets and make certain they pass to your loved ones seamlessly. 

Furthermore, through our Family Wealth Legacy Interviews, we allow you to create a customized video recording, sharing your values, stories, and life lessons with the loved ones you leave behind. Every estate plan we create includes a Family Wealth Legacy Interview component, because estate planning should encompass not only your financial assets and material possessions, but your most precious personal wealth—your wisdom, love, and leadership. Contact us today to learn more.  

We don’t just draft documents; we ensure you make informed and empowered decisions about life and death, for yourself and the people you love. That's why we offer a Family Wealth Planning Session, ™ during which you will get more financially organized than you’ve ever been before, and make all the best choices for the people you love. You can begin by calling our office today to schedule a Family Wealth Planning Session and mention this article to find out how to get this $750 session at no charge. Schedule online today.

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