Category: Digital Assets
“Most of us have heard the quote from Benjamin Franklin, ‘In this world, nothing is certain except death and taxes.’” No one actually enjoys paying taxes, and few of us really want to think about our own death, but both require advance planning and careful consideration, advises Ohio’s Country Journal in the article “Death and […]
Work hard, plan your retirement and don’t forget the digital world. People can behave responsibility by working with an estate planning attorney to create a will, power of attorney and health care proxy as well as other important documents to protect their heirs. However, it is important to remember it is a different world now […]
You can direct what happens to those digital assets, even if it means destroying them. Almost everyone has digital assets in today’s world and it is important to protect access to them in your estate plan, according to the Valdosta Daily Times in “Preparing an estate strategy for digital assets“. Digital assets include information on […]
Your family will most likely face some tough times, if you don’t make a plan. It doesn’t matter which generation you belong to, when it comes to estate planning. If you pass away without an estate plan, it is likely the people you love will face many trying days of tough decisions attempting to straighten […]
It is possible to keep your intellectual property private. If you have royalties, trademarks or digital assets that contribute to your revenue stream, you need to include them in your estate plan, according to the Times Herald-Record in “Include intellectual property and royalties in your estate plan“. Just as any other asset, intellectual property rights […]
Digital Files could remain forever, unless action is taken. The digital world has created many new issues which have an impact on almost everyone in today’s world. Unlike your other assets, digital isn’t a tangible item and could exist forever, according to the Press-Republican in “The great digital beyond“. Digital is a relatively new issue, […]
Do you have digital assets but aren’t sure if you should do something to protect them? Even though your digital assets may not seem important, it is best to give them special consideration and include them in your estate plan, according to The St. Louis American in “Have you done estate planning for your digital […]
Standard rules for dealing with digital accounts, have yet to be developed. Rules and regulations vary greatly between different states and between different websites on which people have accounts. However, there are a few things everyone can do now to make it easier for others to handle their digital accounts after they pass away, according to […]
Legislators have been working to provide greater access to digital assets for estate administrators. Estate plans almost have to include plans for what to do with digital assets these days. However, many people are still confused about what digital assets actually are. There are four different basic categories of digital assets people might need to consider, […]
Digital assets need to be protected now. However, they also need to be made available later. Protecting your digital assets before you pass away and making them available later can create some conflicts. There are three basic complications when it comes to planning for someone else to access your digital accounts after you pass away, […]
