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Digital assets

How Does RUFADAA Work for Digital Assets?

POSTED ON: June 14, 2023 BY: Kyle Krull
Legislation may help protect digital assets in estate planning. Most people think of their tangible assets when they prepare to create an estate plan. They know they must make plans for their cars, homes, and family heirlooms. What often gets overlooked are digital assets. According to a recent Kiplinger article titled “How to Tackle Digital […]
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Digital lives

Do Digital Lives Demand Estate Planning?

POSTED ON: August 11, 2022 BY: Kyle Krull
Digital lives require estate planning. When people do not prepare for their possible incapacity or eventual deaths, they can leave their loved ones faced with significant challenges. Considered a recent cautionary tale involving a man named John Ajemian. At the age of 43, he died in a bicycle accident. John had no last will and […]
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Crypto

How Should Crypto Be Addressed in Estate Planning?

POSTED ON: June 29, 2022 BY: Kyle Krull
Crypto and non-fungible tokens (NFTs) are popular digital assets. The digital realm is continuing to grow in scope and importance. Although some people prefer to have physical assets, most have embraced the digital world to some degree. Some people limit their interactions to email or photo storage. Others have expanded their involvement to trading digital […]
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Estate Planning for Digital Assets

What are Considered Digital Assets?

POSTED ON: October 11, 2021 BY: Kyle Krull
Digital assets should not be ignored in estate planning. The digital world has grown exponentially over the years. Gone are the days of dial-up and floppy disk storage. With smartphones, people carry a personal computer in their pockets everywhere they go. According to a recent Baltimore Business Journal article titled “Estate planning for your digital […]
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bequeath digital property

Can I Bequeath My Digital Property?

POSTED ON: October 21, 2020 BY: Kyle Krull
Your digital property requires estate planning. We live in an increasingly digital world. I think we would all agree with that, yes? Smartphones are essentially mini computers with the ability to make phone calls. Owning a business requires having a website. Social media and apps have become interconnected with work, hobbies, and relationships. Even banking […]
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