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Estate Planning › Digital Assets › Fiduciary Duty

Estate Planning is a process where individuals prepare or plan for the settlement of their personal affairs in the event of incapacitation or death. Estate plans typically include provisions relating to the... more +
Estate Planning is a process where individuals prepare or plan for the settlement of their personal affairs in the event of incapacitation or death. Estate plans typically include provisions relating to the disposition of assets, guardianship of minor children, and appointment of representatives to make medical and financial decisions. Effective estate planning can decrease tax liability and facilitate the probate process.  less -
Dunlap Bennett & Ludwig PLLC

The Importance Of Digital Asset Planning In Virginia

Dunlap Bennett & Ludwig PLLC on

Our lives are increasingly connected to the online world. We share our business ventures, promote opportunities, use social media as a photo album to track special moments in time, and even purchase valuable cryptocurrency...more

Robinson+Cole Data Privacy + Security Insider

Privacy Tip #207 – Digital Assets

Robinson+Cole Data Privacy + Security Insider on

I haven’t written about digital assets in a while and I was reminded of the importance of putting digital assets into your estate plan this week in a conversation with a colleague....more

Saul Ewing LLP

Have You Forgotten to Plan for Future Management of Your Digital Assets?

Saul Ewing LLP on

Digital assets are owned by almost everyone. Unfortunately, most of us have not planned for future management of those assets by our family....more

Farrell Fritz, P.C.

Death and Digital Content: Protecting Digital Assets After The Death Of A User

Farrell Fritz, P.C. on

In 2016, the New York Legislature enacted a version of the Uniform Law Commission’s Revised Uniform Fiduciary Access to Digital Assets Act in Article 13-A (“Article 13-A”) of the Estates, Powers and Trusts Law (“EPTL”). ...more

Perkins Coie

Dying and Private Keys

Perkins Coie on

Cryptocurrency owners must face death—be it their own, or that of anyone else with custody of the owner’s cryptocurrency or other digital assets. We received a stark reminder of this when the Canadian exchange QuadrigaCX...more

Cole Schotz

New Jersey Enacts Uniform Fiduciary Access To Digital Assets Act

Cole Schotz on

New Jersey recently enacted the Uniform Fiduciary Access to Digital Assets Act (the “Act”). In general, the Act provides executors, trustees, guardians, and power of attorney holders (“fiduciaries”) with the ability to access...more

Farrell Fritz, P.C.

You’ve Got (E-)Mail! Can Your Survivors Access It After Your Death?

Farrell Fritz, P.C. on

E-mail is seemingly omnipresent. Day in and day out, we use it in our business, social, and personal affairs. Yet, the improvements to the technology associated with e-mail have far outpaced the development of the law...more

Robinson+Cole Data Privacy + Security Insider

California Passes Revised Uniform Fiduciary Access to Digital Assets Act

Robinson+Cole Data Privacy + Security Insider on

On September 24, 2016, the Governor of California approved the California Revised Uniform Fiduciary Access to Digital Assets Act, which “would authorize a decedent’s personal representative or trustee to access and manage...more

Snell & Wilmer

New Law Deals With Digital Assets After Death

Snell & Wilmer on

In an article earlier this year we noted that at a large number of states had introduced legislation to address an emerging issue that is unique to our Information Age: how will our digital assets be accessed and used (or...more

Proskauer Rose LLP

Wealth Management Update - June 2016

Proskauer Rose LLP on

June Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts The June § 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs and GRATs...more

Dorsey & Whitney LLP

Revised Uniform Fiduciary Access to Digital Accounts Act Adopted by Four States

Dorsey & Whitney LLP on

With the shift from traditional hard copy paper documents towards electronic records stored Cloud Computing-based software and services (e.g., iCloud, Dropbox, Google Drive, etc.), access to and use of digital assets by...more

Robinson+Cole Data Privacy + Security Insider

Oregon and Wyoming enact model digital assets law

Robinson+Cole Data Privacy + Security Insider on

Although numerous states have studied and introduced legislation adopting the Uniform Fiduciary Access to Digital Accounts Act, only three have adopted it thus far. The first was Delaware, which adopted the model digital...more

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