Blogs, vlogs, emails, domain names, cryptocurrencies, digital documents, digital photographs… the list goes on. Although we may not think of them as 'assets', over the past decade most of us have built up a significant collection of digital assets. For many, the value of these assets is simply sentimental – they host the modern day equivalent of diaries, journals and personal correspondence. But for high-profile individuals, these sentimental assets may also carry significant financial and reputational value. For others, their digital assets are income generating and essential to the success of a personal online business.
These digital assets need the same level of attention and management as any physical assets, particularly when it comes to estate planning.
Read the full article here.