Cantwell & Goldman PA
Call Today for the Answers You Deserve 866-583-9129
In This Section

Protecting your family and your digital assets

It can be difficult to think about death, especially your own. But imagine for a moment that the worst has happened. What would happen to your digital assets? For many people, a more relevant question would be: What are digital assets?

Think of online banking information, stock portfolio information, social media passwords, cryptocurrency accounts, your digital wallet and other online accounts. There is a growing need for people to ensure that important digital assets are dealt with as part of comprehensive estate planning that protects your family.

If the worst has happened and you did not leave instructions as part of a will or other estate planning tool, your family and the executor of your estate might well find themselves struggling to even take care of your email accounts. The struggle might get worse if they figure out your email password and try to make sense of messages about online accounts they cannot access.

A recent Forbes article says “It's imperative to include your online accounts during the estate-planning process.” Failing to think ahead might well prevent your executor and your family, friends and others from recovering treasured photos, videos and important accounts. There is also the possibility, Forbes said, of post-mortem fraud or identity theft.

One possible aid is something called a blockchain – a list of records that are linked and secured with cryptography. Forbes says you can put your digital assets into one encrypted file with a private key on the blockchain. Then make sure those who you care about most can access the blockchain when you pass on.

You can discuss the ways in which you can make life easier and safer for your family with the help of an estate planning attorney experienced in asset protection.

No Comments

Leave a comment
Comment Information

Contact Our Attorneys Today

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Contact

Cocoa Office
96 Willard St., #302
Cocoa, FL 32922

Toll Free: 866-583-9129
Cocoa Law Office Map

Melbourne Office
By Appointment Only
474 N Harbor City Blvd., #1
Melbourne, FL 32935

Map & Directions

Fax:321-639-9950

We speak Spanish, Hindi, Mandarin Chinese and Japanese

Review Us