Facebook offers a feature that will allow a designated person to have increased access to a Facebook account when its owner passes away. Facebook realizes there is a growing need to support those who are grieving the loss of a loved one and those who want a say in what…
Articles Posted in Digital Assets
Have You Planned for Your Digital Estate?
Portland attorney Victoria Blachly said people can avoid the personal, financial and in some cases legal headaches that come with losing access to their online accounts by creating a Virtual Asset Instruction Letter where they list their online accounts, the passwords they use to access each one, and instructions explaining…
Can I Have Your Password, Please?
“‘Do you have any important business online?’ That is now just as important of a conversation as asking somebody their health care preferences in a life-threatening situation.” Leaving your digital accounts out of your Houston estate plan can prove to be a big, bad mistake. Most digital accounts require passwords…
Estate Planning in a Virtual World for Houston Planners
Roos said it’s important that people plan ahead and put “someone in charge of these digital assets and giving the family the opportunity to take over accounts if something were to happen, so they can control the information so it doesn’t get into the wrong hands.” Have you heard the…
Houston: Do You Know If Digital Assets Die With You?
Death is emotionally difficult enough without discovering that you have no idea what digital assets a person had or what they wanted done with them. A growing concern among those wishing to properly manage their digital estate is "digital death," which questions what is an asset or special relationship—and how…
Houston Families: New Developments in Digital Estate Planning
Last week, the Uniform Law Commission drafted the Uniform Fiduciary Access to Digital Assets Act, a model law that would let relatives access the social media accounts of the deceased. Digital estate planning has become a hot button issue in estate planning and technology law. What exactly happens to our digital…
Can Your Houston Heirs Legally Access Your Digital Assets?
No matter what steps you take or what laws are eventually passed, managing a digital estate for a loved one will always be a long, arduous, and painful process. Digital estate planning is popping up in the news more and more as people are trying to figure out how to…