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Category Archives: Digital Assets

What Happens to Your #DigitalAssets When You Die?

I have written about what happens to your digital assets when you die on a couple of occasions, and it seems to be more of a prevalent issue.  I recently spoke to a group of senior citizens with the topic: What happens to your #digitalassets when you die?  One person asked me, “Why do we even need to know that?”  She meant that, as a
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Facebook Updates Its Policies For Those Who Die

I have previously written on what happens to your digital assets when you die – specifically your Facebook or Twitter accounts, and the like – Facebook Blog. Prior to their most recent change, Facebook would not allow family to access a deceased person’s account, nor would they allow a Personal Representative the authority to access the account. Facebook would allow the family or Personal
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Do your kids know about your finances? Let’s talk MONEY!

I recently read an article in Kiplinger’s Personal Finance entitled “The Money Talk You Must Have” (November, 2013) written by Jessica Anderson.  In this article, she discusses the fact that, as you age, and your children age, it is important to discuss the issues of inheritance, estate planning and long-term care.  I most definitely agree.  I am amazed by the number of clients who
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Banking and Digital assets when a loved one dies

I have had several cases over the last year where the decedent passed away and the family has no idea what assets she left behind (i.e., how much money is in bank accounts, what does she owe on the mortgage, etc.) because the decedent handled all banking or bill pay online.  Why does this matter?  Well, if you call the bank after a loved
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Estate Planning – Are You Covering Your Digital Assets?

In the past year, I’ve had several probate cases where the decedent had bank accounts in which the banking was done completely online.  This meant that the decedent did not receive any bank statements in the mail and none of these decedents had written down their passwords so that family members would be able to access their accounts. The families have no idea how much the decedent has
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