Laptop 3242862 1920 395×282 Despite the ever-growing role of social media and online services in people’s lives, they often neglect to include their digital estates in their estate planning. This can lead to headaches and complications for heirs during an already difficult time, and raises the question of who […]
Digital documents are not nearly as easy to retrieve. What will happen to your Facebook account when you die? What about all your photos shared on social media, your texts with loved ones, or documents on cloud-storage systems? In just the two-year period from 2012 to 2014, humans produced […]
When it comes to, wills, power of attorney and all that goes into crafting your estate plan, you should include a discussion about digital assets with your attorney. Our lives today are primarily conducted online – making digital assets part of our daily lives. Yet many of us fail […]
(Designer491/Dreamstime) While Trump’s Tax Cut and Jobs Act effectively abolished the death tax for most taxpayers, that is except for the truly rich, the change in the tax law did not eliminate death. Estate plan structures and documents created for tax purpose, for which taxpayer’s no doubt paid hefty […]
Physical assets like a house, cash, bank accounts, etc. are no longer the only portfolio to a person’s legacy. Nowadays, it’s digital assets that can significantly contribute to a person’s overall “wealth” and legacy. This “wealth” is a topic that can easily confuse and overwhelm many, as they navigate […]