Estate Planning for Digital Assets
Estate Planning Studies, July 2011
8 Pages Posted: 7 Jul 2011
Date Written: July 1, 2011
Only two states (Oklahoma and Idaho) have statutes that directly address digital assets in a probate context - and then only in the administration phase. Few estate planners provide digital asset planning for their clients, which may lead to significant problems as these assets are increasingly valuable and difficult to handle without proper planning.
This Study reviews the following aspects of digital asset planning: Importance; Results without planning; Planning techniques; Obstacles.
Keywords: estate planning, wills, digital assets, passwords, user names
JEL Classification: K11
Suggested Citation: Suggested Citation