A password manager and a digital legacy plan solve different problems
LastPass is about storing and using passwords securely while you are alive and active.
A digital legacy vault is about what happens later.
Quick comparison
| Question | LastPass | Digital Legacy Vault |
|---|---|---|
| Main job | Credential management. | Future access planning for passwords, documents, and instructions. |
| Handles legal and household documents? | Not the core purpose. | Yes, that broader planning layer is part of the use case. |
| Handles executor instructions? | Only if you separately create them somewhere else. | Yes, that context can live with the rest of the plan. |
| Works best as | A living password tool. | A digital estate planning tool. |
The practical answer is usually "both, for different reasons"
Use a password manager for secure credential handling now.
Use a digital legacy vault for:
- the future handoff map
- trusted contacts
- release context
- account and document organization
The bigger issue is not one password
Families usually get stuck on the wider picture:
- which accounts exist
- which documents matter
- which person should do what
That is where a digital legacy plan becomes more valuable than another isolated credentials list.