Image by FamZoo Staff, via Flickr Why do I need an estate plan? The answers can be as varied as the individuals who pose the question. Reasons often mentioned include preserving assets, protecting beneficiaries and reducing death taxes. Certainly, the purpose of the core document of any estate plan, […]
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 […]
In Part 1 of ‘Bitcoin After Death’ we discussed the ownership of cryptocurrencies and the challenges associated with leaving crypto assets to the next generation. In The Digital Afterlife , we discussed some practical tips for dealing with digital assets in your estate and considered the difficulties for executors […]
What happens to email, usernames, passwords, banking information, social media and blogs when an individual dies? It’s a question most people haven’t considered, but should. Without proper planning and documentation, online information may become inaccessible and may eventually cease to exist. Today, almost everyone has some type of online […]