Sadie Says… Owning intangible and digital assets
Q. What are digital assets and how do they apply to estate planning? A. Do you have a Twitter handle or Facebook account? Listen to music on iTunes? Buy Kindle books on Amazon? Operate an email account? If you answered “yes” to any of those questions, you own digital assets. Your estate no longer consists of personal property, bank accounts or life insurance. You now own an asset that is intangible and requires more deliberate planning. The concept of digital assets is still somewhat amorphous and in its infancy. The term does not refer to your cell phone or computer. Instead, ...