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Technological assets and complications that should form part of a client’s estate planning.
KEY POINTS
- Issues relating to copyright owned by third parties.
- Who has the right of access to email accounts?
- Clients should make a list of their virtual assets.
- Planning is essential to ensure valuable memories and information are not lost.
One of the consequences of a fast-changing world is that the issues and assets to be considered when discussing death planning have expanded radically. People increasingly have a complex digital life that can be more private and less well recorded than their physical one.
Many clients own their music on iTunes their books on Kindle store family photos in the cloud and blog tweet and email from various sources. All of these may need to be accessed or closed down on death.
But who should make these decisions?...
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