What are the first assets that come to mind when you think about preparing your estate plan? You probably consider your home, vehicles, family heirlooms, and, if you’re a business owner, your company. There exists a facet of asset protection that may not jump to the forefront of your mind, but that is increasingly essential to personal and business legacies: digital assets.
Think about the first place you go when you need to purchase an item, send a message, or read the latest news. Likely, you don’t go anywhere, but type your request into a search engine or email subject line. The business world is rapidly shifting into the virtual sphere; this raises the question, “How will estate planning evolve to meet the digital needs of an Instagramming, LinkedIn-connected society?”
Visit our website at https://www.marquardtlawfirm.com/practiceareas/wills-trusts/digitalassets.html where we’ll discuss the scope of “digital assets”, current resources and policies for their preservation, where to begin protecting your digital assets, and how meeting with an attorney is the essential final step in locking in your virtual estate plan.