Private Client Adviser: UK based Facebook users can now nominate someone to 'inherit' and manage their profile following their death. The 'online executor' will not be given complete control of the account, but will be able to change things such as the profile picture, approve new friends, and write a final status update.
Full story: http://www.privateclientadviser.co.uk/news/probate/facebook-launches-online-executor-function