ARTICLE · 08 FEBRUARY 2023
Keeping Track Of Your Digital Assets - James Bond Style
Digital assets, simply put, are anything stored digitally which has value, either financial, sentimental or otherwise, as further described below. These days, keeping track of your digital assets...
Digital assets, simply put, are anything stored
digitally which has value, either financial, sentimental or
otherwise, as further described below. These days, keeping track of
your digital assets (login emails and passwords) is an important
part of estate planning. Keeping accurate records of your digital
assets makes your estate and trust administration much easier for
your executor, too.
Digital assets are hard to understand and harder to track. There
are always new ones being created and the underlying technology can
be next to impossible for the ordinary person to understand. A
person's digital assets also change over time as they acquire
new ones and update the access (e.g. their passwords) to their
existing ones.
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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
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