Our world is rapidly being converted from paper to digital, which can create tremendous efficiencies while you’re alive. However, your death can wreak havoc on your family trying to access your digital assets. Below are four strategies to prevent this and protect your loved ones.
Few things increase the cost of and create delays in administering your estate more than leaving an electronic mess for your family to clean up. Yet, that’s what most doctors do by not integrating their digital assets into their estate plans.
Fortunately, most states have enacted the Uniform Fiduciary Access to Digital Assets Act. This law allows an executor, once legally appointed, to manage computer files, web domains, and virtual currency unless the will or other legal documents provide otherwise. However, the law doesn’t...
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