What Digital Assets Can You Leave in Your Will?

Digital assets you can leave in your will

Digitalization has transformed our everyday life, and even the assets that we traditionally held as valuable have become digital! The average global citizen owns digital assets worth more than USD 50,000. These could include monetary, as well as sentimental possessions like subscriptions, online banking, cryptocurrency wallet, social media and email accounts, digital wallets, laptops, and […]

5 Things To Remember While Creating An Estate Plan For Your Online Accounts

Creating digital estate plan

Creating an estate plan for your online accounts helps you secure your digital estate and legacy. To make the perfect estate plan, you first need to locate your digital assets, leave instructions on what you want to happen to them, appoint an executor, and finally securely store your estate plan. (Read: How to create your […]

Why You Need A Will For Your Cryptocurrency And How You Can Make One

Will for Cryptocurrency

In 2018, the 30-year old CEO of QuadrigaCX, Canada’s largest cryptocurrency exchange, unexpectedly died. And it so happened that Gerard Cotten was the only person with access to the customer’s cryptocurrency wallets. Unfortunately, more than $135 Mn dollars of bitcoin was left stranded and inaccessible to the company. And this is only one such story.  […]

5 Reasons Why You Need To Identify And Organize Your Digital Assets

Organising Digital Assets

Every action that used to involve an offline action is being digitized. Whether it is making online wills, connecting with people, making time capsules, getting an education, or even currency. Unlike a few decades ago, it probably wouldn’t be an exaggeration to say that we’re more dependent on the internet than ever before, suggesting that […]

How Can You Pass On Your Digital Assets in India

Planning A Digital Estate

The Covid-19 pandemic accelerated the shift towards a more digitally enabled world. The sheer number of digital assets and online accounts has multiplied, to a point where individuals may not even be aware of the number of accounts they possess! Contrary to popular belief, these digital assets and accounts amount to not only monetary value […]

7 Steps To Protecting Your Company’s Digital Assets

Protecting Company Digital Assets

A successful business would own multiple tangible physical company assets – vehicles, buildings, supplies, equipment. And it’s quite rare for organizations to forget protecting these assets through various security protocols, including proper lease contracts, subcontracting agreements, obtaining and securing umbrella insurances, etc. But what about your intangible digital assets? Your company’s digital assets are probably […]

A Digital Will – The Legal Way to Pass on Your Digital Assets

Passing on digital assets

Digitalization has sure made tracking and storing information more convenient, easy and safe. However, the sheer volume of digital assets that any individual owns has made tracking and managing it cumbersome not only in one’s lifetime, but also difficult to pass on to loved ones in case of death or incapacitation.  Digital assets implies an […]

How to Create Your Digital Estate Plan?

How to create a digital estate plan?

What Is Digital Estate Planning?  Digital estate planning is the process of you laying out a plan for your digital assets to be taken care of after your demise. Digital assets comprise anything that belongs to you and is stored electronically. Your photographs, recordings, any data in the cloud, PCs, external hard drives, cell phones, […]

A DIY Digital Estate Plan for Your Digital Assets

Setting up digital estate

When making your digital estate plan, consider the entirety of your digital records, blogs, social networking identities and digital documents that will be left online when you pass on. An individual can leave significant guidelines for the executor, who will ensure your final wishes are fulfilled.   What are Digital Assets?  When contemplating your digital assets […]

Should I Create A Will For My Online and Social Media Accounts?

Will For Online and Social Media Accounts (Banner)

Should I Create A Will For My Online and Social Media Accounts? Well, yes!  Most of your data – financial records, pictures and videos, etc. – are stored digitally in online banking services, social media accounts and various other accounts. Your digital assets now have equal value as your traditional and tangible assets. However, most […]