Caring for Digital Assets
We encourage all our clients to read Digital Assets and Fiduciaries to get an understanding of an important and frequently overlooked necessity of personal financial planning: managing online personal data, financial & otherwise. From the article:
“As we live more of our lives online, important parts of our lives continue to live online, when we die. Legally appointed fiduciaries need to access our online lives in order to delete, preserve, and pass along digital assets as appropriate. Estate planning attorneys are increasingly advising their clients of the importance of planning for their digital assets just as they plan for their non-digital assets. And the laws on trusts and estates (and other fiduciaries) are moving slowly towards ensuring appropriate fiduciary access.”