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ARTICLE · 12 OCTOBER 2024

Managing Digital Assets as part of succession planning

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Special Counsel, Lucy Ferreira discusses the importance of managing digital assets.

AustraliaWealth Management
Simon Creek
Simon Creek
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 Special Counsel,  Lucy Ferreira discusses the importance of managing digital assets.

In today's digital age, the scope of a person's estate extends beyond traditional assets like real estate, bank accounts, and personal possessions. Increasingly, a significant portion of wealth and personal information is held digitally. 

Digital assets include everything from online bank accounts and investment portfolios to social media profiles and digital photo collections. As more aspects of our lives move to digital platforms, incorporating digital assets into a comprehensive succession plan is becoming essential.

"Incorporating digital assets into a comprehensive succession plan is becoming essential."

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