Did you know the average American has $55,000 in digital assets? That’s something definitely worth including in your estate plan. Here’s how to get started. Getty Images If you have a normal corporate job and don’t own a website, you may be thinking you don’t have to worry about […]
Illustration: Tara Jacoby/GMG It used to be that when someone died, their executor would follow a standard roadmap to settle their estate: clean out the house, go through the file cabinets, and file a tax return at the end of the year. Now this wasn’t exactly easy – handling […]
The role of an executor can be fraught with peril as the personal representative (PR) is tasked with consolidating a lifetime of assets and liabilities. Often, the deceased may have the foresight to appoint an executor but fail to help the executor locate everything needed to administer the estate […]
More and more of our daily activities are moving online. All aspects of our lives –whether financial, social, work or leisure — increasingly have a presence on our computers or the Internet. Smart estate planning, therefore, includes addressing how to handle digital assets. Historically, estate planning consisted primarily of […]
In the year and a half since I last wrote about planning for digital assets not much has changed in Massachusetts. Our state is still one of a handful of states that has not enacted the Revised Uniform Fiduciary Access to Digital Assets Act (RUFADAA) , although there is […]