Posts tagged "digital assets"

Online life after death raises privacy, estate planning concerns

People in California may have seen a recent article proposing ways in which people can protect their digital accounts and social media assets after death. While it's something many people haven't thought much about, these staggering statistics might be reason enough: there are an estimated 30 million deceased people with Facebook accounts, and people consider the value of their digital assets to be, on average, $55,000.

Include digital assets in estate plans to avoid confusion

California residents are living more and more of their lives online. Many areas of law have evolved in response to the popularity of online activities. But laws governing what happens to a person's online assets--which can include blogs, email accounts and social media pages--in the event of that person's death are still developing. This lack of definite legal standards may cause problems for heirs.

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