If you have a physical copy of a movie on a DVD, it is easy to give that copy to another person. It has a tangible form and you might even plan to bequeath it to someone after you pass away. People are used to using their estate plans to pass on their physical property. Things are different today, however. We do not always have a physical copy of something. Instead of having a movie on a DVD or videotape, you might just have a digital copy of the movie stored on your computer or attached to an … [Read more...]
Your Digital Assets
How many things do you now do digitally that you used to do otherwise? If you think about it, probably a lot of things. Many of us no longer physically balance a checkbook or keep written bank statements. All of that information is online at our bank's website. We no longer pay our cable bill by writing a check and sending it in. We have automatic payments set up. This new way of handling our finances digitally creates new problems for your estate plan and how your assets will be handled after … [Read more...]
