Ensuring Digital Assets Are In Right Hands with Estate Planning and Managing Executor’s Access
We are gradually transitioning into a digital world governed by security, privacy, and permanence. With scaling technology, it becomes all the more important to adapt to digitalization and acquire and preserve essential assets of high value in the form of digital assets in a will. This article will dig deeper into digital assets that can […]
Digital Estate: The Next Wave in Retirement Planning
You have worked hard for years, saving and planning for retirement. You might already have an Estate Plan in place for all your tangible assets. Have you invested in cryptocurrencies lately? Do you use online banking services or third-party payment services? Do you have an online business on E-commerce sites such as eBay, Amazon or […]
What is an Online Will?
A Will or Testament is a legal document that expresses a person’s wishes as to how their property is to be distributed after their death and who should manage it until the final distribution. You must be knowing why it is important to make a Will and how to make one. Through a Will, you […]
What is a Digital Will?
A Will is no longer a legal document to pass your worldly possessions. Digital Wills are wills that determine the fate of a person’s Digital Assets once they die. In the digital age, making arrangements for what must happen to an individual’s Digital Assets is as important as making arrangements for their physical and tangible […]
Why your Executor might need access to your Digital Assets
After you die, the Executor of your Estate might need access to your Digital Assets. In most states, Executors and Legal Authorities cannot access your Digital Assets unless you have made specific arrangements for them to access it. You can leave instructions as to who must handle your Digital Assets and what must happen to […]
How to leave Digital Assets through a Will
In this post, you will learn about: Digital Assets that can pass through your Will Digital Assets that cannot be included in your Will Digital Assets is a set of digital properties you own. This can range from social media profiles to email accounts to documents stored in cloud to online shopping accounts and frequent […]
3 Questions to ask yourself before creating an Online Will
Setting up a Will is the most important part of planning for your death. The cost of drafting the simplest of Wills can cost you around $150 – which is quite a reasonable amount. But what if you want additional Estate Planning documents along with your Will? It will surely cost you $1000 at least. […]
Iowa passes RUFADAA: A Law by Uniform Law Commission For Digital Assets
The Covid-19 pandemic accelerated the shift towards a more digitally-enabled world. In this digital world, the meaning of property and assets has changed. Until recently, there was no formal recognition of these assets as an individual’s property. This posed several challenges as to how these assets can be transitioned or passed on post death or […]
Louisiana’s stance on RUFADAA
The Covid-19 pandemic accelerated the shift towards a more digitally-enabled world. In this digital world, the meaning of property and assets has changed. Until recently, there was no formal recognition of these assets as an individual’s property. This posed several challenges as to how these assets can be transitioned or passed on post death or […]
Kentucky passes RUFADAA: A Law by Uniform Law Commission For Digital Assets
The Covid-19 pandemic accelerated the shift towards a more digitally-enabled world. In this digital world, the meaning of property and assets has changed. Until recently, there was no formal recognition of these assets as an individual’s property. This posed several challenges as to how these assets can be transitioned or passed on post death or […]
