Article

Digital Property Planning – A New Frontier

March 26, 2013

Excerpt:  Digital property is everywhere and what it constitutes is broad – e-mail, texts, social media posts, online accounts (including real life value of some assets in virtual worlds such as Second Life), videos, passwords and IDs to access sites, data you may have on shopping, financial and other sites, electronic documents (think of your old tax returns as an example), online backups, photo collections, etc. To the dismay of many, it does not include your iTunes music collection, e-book reader books or movies you downloaded because you purchase only a license – you don’t own the music, books or movies. You may well have licensed them for all of your life, but the licenses typically expire when you die.

To read this entire article click on Digital Property Planning.