What Are Digital Assets And Why Are They Important?

A digital asset is content owned by a person that is stored in digital form. Generally, digital assets relate to data or information that is stored on a device such as a smart phone or computer. Types of digital assets include, but are not limited to: photographs, presentations, spreadsheets, word documents, email, online banking, credit cards, or social media accounts. Digital assets are just as important as physical assets because they have financial and/or personal value to their owners. It is important to address the conveyance of your digital assets, which can be done in your Will. The attorneys at Bach & Jacobs specialize in Estate Planning and can help you develop a Durable Power of Attorney and a Will that not only address who will have access to your digital assets, but also clearly express your wishes for the transfer of your various assets when you pass away.

If you would like more information or have questions regarding asset protection or estate planning, please contact our office at: (941) 906-1231.