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Monday, April 21, 2014

Law - "What happens to your digital assets when you die?"

The Lafayette Journal Courier today has published this story by Sue Doerfler of the Arizona Republic. It begins:

Deciding who gets what when we die is difficult enough when it comes to divvying jewelry, collectible baseball cards, family heirlooms, houses and cars.

It can be even trickier to arrange control of our digital assets.

People's virtual legacies include e-mail, photo-sharing and social-media accounts. However, because of laws and user-service agreements, our heirs may have trouble gaining access to them, even if they have the passwords.

Plus, most of us don't include digital assets in our estate plans, experts say. This also can create problems for heirs.

Digital-asset planning is a fairly new concern for consumers as well as estate planners.

Posted by Marcia Oddi on April 21, 2014 11:00 AM
Posted to General Law Related