Tag Archive: Personal Representative

For Your Digital Assets, There Is Life After Death

August 16, 2018 9:00 am Published by Katherine A. Bagdis

You’re working on your estate plan with your attorney, and she asks if you’re on Facebook. Don’t be alarmed—she’s not trying to “friend” you. There’s a good reason for her question: your Facebook profile is a “digital asset.” It has personal value to you, and a business profile may also have monetary value.

While the word “asset” conjures images of wealth in the form of physical and financial property, the Internet and social media have created a new form of property that may be transferred upon the death of its owner.

What Are Digital Assets?

Digital assets include your email account; your personal online photos and videos; digital music; personal or business website; Facebook, Twitter, ...