Digital Assets And Probate

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Digital Executor®

Author : Sharon Hartung
Publisher : FriesenPress
ISBN 13 : 1039113370
Total Pages : 175 pages
Book Rating : 4.0/5 (391 download)

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Book Synopsis Digital Executor® by : Sharon Hartung

Download or read book Digital Executor® written by Sharon Hartung and published by FriesenPress. This book was released on 2021-04-26 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world has gone digital and so have our clients’ estates. Digital assets may simply be electronic records, but they are the digital gateway to our lives. They are our memories, our money, and our records, making technology the new player at the estate planning table. The Digital Executor®: Unraveling the New Path for Estate Planning arms estate advisors, business owners, service providers, and the broader estate and technology industries with heightened awareness of client expectations regarding their digital estates. Everyone needs a will and in today’s age of digitization, estate plans must include your client's digital life. This book is a primer for understanding a client’s personal use case when navigating estate management in the digital age with introductions to technology and the underlying aspects and differences between digital asset classes. With technology being the new player at the client’s estate planning table, estate advisors must be educated, motivated, and prepared, adapting policies and processes for operating in the digital world. Equally, technology and service providers must align with the stars to be integrated partners in estate industry conversations. Sharon’s first book, Your Digital Undertaker: Exploring Death in the Digital Age in Canada, was about digital assets in the context of an individual’s or client’s estate planning life cycle. This follow-up book, Digital Executor®: Unraveling the New Path for Estate Planning is about digital assets in the context of the estate industry. This book draws the reader into the world of estate planning with a digital twist, bringing together how the global estate industry, technology and service providers must address client expectations about their digital assets and the implications of the changing role of the fiduciary/executor. To understand the role of digital assets in the estate industry, we must first understand technology, the client’s user context, and the changing role of the estate advisor. From an estate industry perspective, if today’s executor is a digital executor and today’s fiduciary is a digital fiduciary, then today’s advisor must be a digital advisor.

Estate Planning for Digital Assets

Author : Gerry W. Beyer
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Estate Planning for Digital Assets by : Gerry W. Beyer

Download or read book Estate Planning for Digital Assets written by Gerry W. Beyer and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Only two states (Oklahoma and Idaho) have statutes that directly address digital assets in a probate context - and then only in the administration phase. Few estate planners provide digital asset planning for their clients, which may lead to significant problems as these assets are increasingly valuable and difficult to handle without proper planning. This Study reviews the following aspects of digital asset planning: Importance; Results without planning; Planning techniques; Obstacles.

Digital Life After Death

Author : John Connor
Publisher :
ISBN 13 :
Total Pages : 23 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Digital Life After Death by : John Connor

Download or read book Digital Life After Death written by John Connor and published by . This book was released on 2015 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: In “Digital Life After Death: The issue of planning for a person's digital assets after death,” author John Connor discusses the concept of a digital asset and what happens to these assets when the owner dies. First, Connor lays the foundation to define what a digital asset is and why these assets can create problems in estate planning. Next, the author examines how various social networking sites, e-mail providers, and blog hosting sites are dealing with the concept of digital assets. Connor then provides possible solutions for dealing with digital assets. These solutions include: planning for digital assets prior to death, leaving instructions (including usernames and passwords) on how to access digital assets in the event of death, setting up a trust in which the usernames and passwords can be stored and accessed by the trustee and eventual executor, and possibly providing some information about digital assets in a will. Finally, the author describes the consequences of failure to provide for your digital assets after death.

The Essential Digital Asset Organizer For Attorneys & Clients

Author : P Jacqueline Cooper
Publisher : Cryptomom2 Consulting
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.9/5 (895 download)

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Book Synopsis The Essential Digital Asset Organizer For Attorneys & Clients by : P Jacqueline Cooper

Download or read book The Essential Digital Asset Organizer For Attorneys & Clients written by P Jacqueline Cooper and published by Cryptomom2 Consulting. This book was released on 2024-03-28 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Digital Asset Organizer for attorneys and consumers is a revolutionary tool designed to meet the growing needs of modern estate planning, will drafting, bankruptcy proceedings, and divorce discovery. This comprehensive digital organizer streamlines the management and organization of digital assets, a critical component in today's increasingly online world. Digital assets encompass a wide range of electronic materials including social media accounts, online banking information, cryptocurrency holdings, digital photographs, and any other valuable online accounts or properties. For attorneys, the Digital Asset Organizer serves as an indispensable resource in ensuring all aspects of a client's digital legacy are accounted for and properly integrated into legal documents such as wills and estate plans. It aids in the meticulous process of asset discovery, ensuring that nothing is overlooked in bankruptcy cases or during the division of assets in divorce proceedings. The tool's intuitive design allows legal professionals and individuals to efficiently catalog and manage digital footprints, safeguarding digital inheritance and ensuring compliance with the latest legal standards. For consumers, this platform demystifies the process of digital asset management. It provides a user-friendly interface where individuals can securely compile, organize, and manage access to their digital assets. This not only prepares them for future legal planning but also offers peace of mind knowing that their digital legacy is well-organized and accessible to designated executors or beneficiaries. Consumers can benefit from guided processes that help identify and categorize various types of digital assets, making it easier to incorporate them into wills and estate plans. Key features of the Digital Asset Organizer include easy-to-navigate organization pages for both attorneys and consumers, and templates that cater to the unique needs of estate planning, bankruptcy, and divorce discovery. Moreover, it facilitates seamless communication between clients and attorneys, enhancing efficiency and clarity throughout the legal planning process. In an era where digital assets are becoming as significant as tangible properties, the Digital Asset Organizer emerges as a must-have tool for modern legal practices and for individuals seeking to ensure the comprehensive management of their digital legacy. Its adoption can significantly reduce the complexity and oversight risk in legal proceedings, positioning it as a cornerstone of future legal and estate planning.

The Digital Estate

Author : Leigh Sagar
Publisher :
ISBN 13 : 9780414061903
Total Pages : 450 pages
Book Rating : 4.0/5 (619 download)

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Book Synopsis The Digital Estate by : Leigh Sagar

Download or read book The Digital Estate written by Leigh Sagar and published by . This book was released on 2017-05-31 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Viable Solutions to the Digital Estate Planning Dilemma

Author : Jamie Hopkins
Publisher :
ISBN 13 :
Total Pages : 11 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Viable Solutions to the Digital Estate Planning Dilemma by : Jamie Hopkins

Download or read book Viable Solutions to the Digital Estate Planning Dilemma written by Jamie Hopkins and published by . This book was released on 2014 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: Countless people are dying without proper digital estate plans in place, leaving billions of dollars of assets unaccounted for in the digital world. This is occurring in part because individuals are often unaware that traditional estate planning tools and techniques, such as wills, are ill-equipped to handle the unique challenges of digital estate planning. As a result, the majority of Americans are vastly unprepared for their digital afterlife, unintentionally foregoing digital estate planning altogether and leaving their assets trapped in a digital purgatory.With the ongoing growth in our reliance on technology, interaction via social media, digitization of individual's property, and further advancement of new Internet technologies, the amount and value of our digital assets are growing exponentially. In response to this immediate need for digital estate planning and management of digital assets, some businesses began to offer their users the ability to plan for the disposition of their digital assets upon their death. However, due to the novelty of this area of law, the business solutions currently afforded often leave more questions than answers about what happens to the individual's digital assets, raise concerns about privacy and security, and augment disputes over their overall effectiveness in the estate plan. This Essay examines the importance and increasing prevalence of digital assets, discusses the challenges facing traditional estate planning in the growing world of digital assets, and suggests a workable strategy for the creation of a well-developed and manageable digital estate plan.

DIGITAL ASSET ENTANGLEMENT

Author : SHARON. HARTUNG
Publisher :
ISBN 13 : 9780433517269
Total Pages : pages
Book Rating : 4.5/5 (172 download)

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Book Synopsis DIGITAL ASSET ENTANGLEMENT by : SHARON. HARTUNG

Download or read book DIGITAL ASSET ENTANGLEMENT written by SHARON. HARTUNG and published by . This book was released on 2022 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Digital Assets and Probate

Author : James Normington
Publisher : Wildy, Simmonds & Hill Publishing
ISBN 13 : 9780854902958
Total Pages : 0 pages
Book Rating : 4.9/5 (29 download)

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Book Synopsis Digital Assets and Probate by : James Normington

Download or read book Digital Assets and Probate written by James Normington and published by Wildy, Simmonds & Hill Publishing. This book was released on 2022-12-20 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is an ideal companion for the busy probate practitioner who needs a better understanding of digital assets when advising clients, drafting wills, or administering estates. It provides the practitioner with draft clauses, precedents and a sample digital assets questionnaire for clients. It contains a useful glossary of relevant terms .

The Individual's Guidebook to Wills and Estates

Author : Edward M. Melillo
Publisher : Atlantic Publishing Group, Inc.
ISBN 13 : 1620235099
Total Pages : 266 pages
Book Rating : 4.6/5 (22 download)

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Book Synopsis The Individual's Guidebook to Wills and Estates by : Edward M. Melillo

Download or read book The Individual's Guidebook to Wills and Estates written by Edward M. Melillo and published by Atlantic Publishing Group, Inc.. This book was released on 2019-09-20 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: What would happen to your money if you died without a Last Will and Testament? What about your stocks, your family business, your home? What would become of your loved ones? Without a final Will, the fate of your life’s work is in the hands of the court. Dying without having legally laid out your wishes is a recipe for uncertainty, ill will, financial turmoil, and heartache. You have the power to determine what will happen to your assets after your death. The process of planning your estate can seem daunting, but with the proper information in hand and an experienced attorney on your side, you can ensure that your final wishes are met and your family taken care of. “The Individual’s Guidebook to Wills and Estates” will help you understand the steps necessary to complete your legal plan. Written in understandable and accessible language with real-life examples and filled with sample documents and reference material, this book will give you the tools you need to protect your estate and your loved ones.

Estate Planning for Digital Assets on Incapacity and Death

Author : Andrew Kirkpatrick
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (139 download)

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Book Synopsis Estate Planning for Digital Assets on Incapacity and Death by : Andrew Kirkpatrick

Download or read book Estate Planning for Digital Assets on Incapacity and Death written by Andrew Kirkpatrick and published by . This book was released on with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Digital Planning

Author : Gerry W. Beyer
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Digital Planning by : Gerry W. Beyer

Download or read book Digital Planning written by Gerry W. Beyer and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: More than half of individuals over the age of 65 use the Internet or e-mail -- and they are a fast-growing population on the Internet. Like most people, however, they have probably not considered how to dispose of their digital life if they become incapacitated or when they die, even though they are in the most likely age group to have drafted a will. Indeed, even if they do engage in planning, they cannot be confident that their wishes will be carried out: only a few states have laws covering probate and digital assets, there is no generally accepted method for using wills or trusts to dispose of digital assets, and the policies of Internet providers often preclude the exercise of individual autonomy. As Internet usage becomes even more pervasive and as online assets and accounts have the potential to become even more valuable (emotionally and financially), issues involving control of digital property are rapidly becoming even more important. This article first explains digital assets as a new species of property and discusses the importance of planning for these assets. The article next analyzes the legal context for digital asset disposition, including the few existing state laws, and then turns its attention to the future, including suggestions for planning and commentary on where the law might be headed. Notwithstanding the legal uncertainties surrounding digital asset disposition, individuals should make plans for the management, ownership, or destruction of these assets based on the foundational principles of deference to the individual's intent. Acknowledging the difficulty of predicting the future, the authors feel quite confident that, as Elder Law moves forward, planning for a client's digital assets will assume an increasingly important role.

We are Living (and Dying) in a Digital World

Author : Pennsylvania Bar Institute
Publisher :
ISBN 13 :
Total Pages : 96 pages
Book Rating : 4.:/5 (896 download)

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Book Synopsis We are Living (and Dying) in a Digital World by : Pennsylvania Bar Institute

Download or read book We are Living (and Dying) in a Digital World written by Pennsylvania Bar Institute and published by . This book was released on 2014 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Estate Planning (in Plain English)

Author : Leonard D. DuBoff
Publisher : Simon and Schuster
ISBN 13 : 1621537277
Total Pages : 301 pages
Book Rating : 4.6/5 (215 download)

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Book Synopsis Estate Planning (in Plain English) by : Leonard D. DuBoff

Download or read book Estate Planning (in Plain English) written by Leonard D. DuBoff and published by Simon and Schuster. This book was released on 2020-04-07 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: "An invaluable tool to help you collect the information your attorney needs." —Michael Cragun, Utah State Tax Commissioner An Accessible Guide to Estate Planning With Estate Planning (in Plain English)®, readers will learn to comprehend the legal jargon and navigate the complex rules involved in preparing one’s estate. The authors provide clear information and cite actual cases to help readers approach the process with the confidence and knowledge they need to make the best decisions for their heirs. Chapters discuss important topics such as: Estate plans, wills, and a variety of trusts Guardians, powers of attorney, advance directives, and other essential documents Life insurance Digital assets Gifts Tax considerations Avoiding probate Identifying and caring for estate property Settling business assets Finding a lawyer An invaluable reference for those preparing their estates and for their families, Estate Planning (in Plain English)®will enable readers to take the necessary steps to preserve their legacies.

Afterlife in the Cloud

Author : Jamie Hopkins
Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Afterlife in the Cloud by : Jamie Hopkins

Download or read book Afterlife in the Cloud written by Jamie Hopkins and published by . This book was released on 2013 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rapid development of electronic devices and widespread access the internet has ushered in a new age: the digital age. The digital age has changed the manner in which assets are created and transferred. This digitalization of wealth challenges the effectiveness and efficiencies of traditional estate planning mechanisms. Additionally, modified estate planning techniques and the development of digital estate planning services have created serious privacy, security, and efficiency concerns for the transfer and management of digital estates. As such, creative and innovative digital estate planning solutions are required to ensure the privacy, security, and proper disposition of digital estates. However, because the problems facing digital estate planning are complex, a combination of legislative action and improved online service agreements are essential to solving the digital estate dilemma. Until digital asset ownership and transferability questions are resolved, digital estate planning will remain in flux as traditional estate planning appears ill suited for the management and disbursement of digital assets.

Estate Planning for Digital Assets

Author : Elizabeth Ruth Carter
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Estate Planning for Digital Assets by : Elizabeth Ruth Carter

Download or read book Estate Planning for Digital Assets written by Elizabeth Ruth Carter and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: These materials were prepared in conjunction with the LSU 46th Estate Planning Seminar. They explore the various types of digital assets -- including social media (Facebook, Twitter, Linked In, etc.), audiobooks, music and video files, and bitcoin -- and the estate planning challenges these assets present. These material also consider the federal estate and gift tax issues posed by digital assets, including questions related to small business valuation.

'The 'New' New Property

Author : Heather Conway
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis 'The 'New' New Property by : Heather Conway

Download or read book 'The 'New' New Property written by Heather Conway and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: What happens to digital assets when someone dies? This basic question raises a host of legal issues around ownership, privacy, access to usernames and passwords, and the duties of personal representatives when administering estates, which do not fit neatly within traditional succession law and property law concepts. The location of digital assets also leads to complex multi-jurisdictional legal issues, yet there is currently no 'joined-up' international law on the subject. This paper looks briefly at digital assets and how they are defined, before examining the challenges posed from an estate planning perspective.

Your Digital Undertaker

Author : Sharon Hartung
Publisher : FriesenPress
ISBN 13 : 1999450159
Total Pages : 285 pages
Book Rating : 4.9/5 (994 download)

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Book Synopsis Your Digital Undertaker by : Sharon Hartung

Download or read book Your Digital Undertaker written by Sharon Hartung and published by FriesenPress. This book was released on 2019-02-22 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you are an adult Canadian who uses e-mail and surfs the internet, this book is for you. In a unique and humorous way, this former military officer and tech executive shares what she’s learned about the estate industry and the taboo topic of preparing for one’s own death. Preparing for death doesn’t need to be scary or foreboding. It can actually be liberating and energizing. Join Your Digital Undertaker in an exploration of death in the digital age in Canada, which lifts the lid on how the deathcare and estate industry works today, and tackles it through the project management and digital lens. This exploration includes simple diagrams, easy to understand scenarios, and user options that require only a couple of mouse clicks. You’ll learn your digital life is not isolated from your physical life, as technology is the new player at the estate planning table. Cracking the code to digital death and its afterlife requires deciphering the code for your regular and physical life. By the end of this book, you should feel armed with questions and a perspective on how to tackle your digital life in the context of your overall estate. You might even walk away inspired to get on with dealing with your will and estate plan with estate planning professionals. If you are a named executor in a will or appointed in a Power of Attorney, this book is for you as well, as it might motivate you to ask a lot more questions about your role before you get handed “digital hell in a hand basket”. For those having the challenging conversations with their parents, family members or clients, let Your Digital Undertaker ask some of the basic questions and open the door for a meaningful discussion.