Unlike physical assets, digital assets are “decentralized.” This means there is no central authority or entity controlling or valuing the asset. Article content When you imagine the settling of an estate, you might picture heirs receiving an uncle’s coin collection, grandpa’s boat or perhaps a distant relative’s cold, hard […]
Digital assets find their way into estate planning
PETALING JAYA: Digital assets will increasingly find their way into inheritence plans in the next few years as people are acquiring more of such instruments and investing in cryptocurrencies, according to estate planning group Rockwills International Bhd. Currently, digital assets and digital legacy tend to be neglected by many […]
Digital Assets: Planning For Your Immortality.
James Dean plays Jim Stark in the motion picture Rebel Without a Cause. In 2019, after a diligent talent search, Mega City Films announced that the one and only actor able to play the role in an upcoming Vietnam War film is — wait for it – James Dean! […]
Who Is The Beneficiary Of Digital Assets After Passing Away?
As you consider what you will pass on to your heirs and other beneficiaries, do not overlook your digital assets. If your virtual property – anything from digital music you’ve bought to website content, Bitcoin or other cryptocurrencies – has value, then proper estate planning can ensure you’ve designated […]
Treatment of Digital Assets on Death
Background “Water is a useful metaphor for digital assets; they are just as fluid, ever-changing, and dynamic, which presents both challenges and opportunities for executors and those who provide services to them. And, like water, digital assets can simply slip through one’s fingers without care” – Daniel Nelson, “The […]