Your digital life includes everything from iTunes and photos to frequent-flyer miles. You may not own cryptocurrency or nonfungible tokens . You may not have a big Instagram following or run an online business. But if you do almost anything online, you probably have digital assets — electronic records […]
Credit: Pixabay/CC0 Public Domain A new report highlights the extent of the distress caused by being cut off from digital assets when family members die or become incapacitated. Items such as social media accounts , photos and emails have become a common part of estate planning and administration in […]
It’s easy to consider your physical assets, like your home, investment accounts, and keepsakes, when you think about estate planning. But as life increasingly moves online, it’s essential to consider your digital footprint when you address your estate plan. If you’re new to the realm of digital assets, here’s […]
Executors often playing ‘document detective’ ‘it’s like a scavenger hunt,’ says founder Sharon Hartung, Jessie Vaid, Sachin Bhalla As the dead increasingly leave more of a digital footprint than a paper trail, tools are emerging to assist the new reality imposed on estate planning and administration. Baby boomers are […]
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 […]