Many individuals do not realize the value of their digital records and the potential for loss if these assets are lost or inaccessible.
Individuals should identify these assets and address the management of digital assets.
Digital assets may include:
- online reward programs
- financial accounts
- digital collections
- business accounts
After death, a fiduciary’s rights to access these assets are controlled by user agreements and federal and state laws.
It is critical for individuals to inventory digital assets and specific details for access.
This post was written by Larry Blair