Last week on September 13, 2011, I was interviewed by the BBC Radio’s World Service Program. The BBC wanted to know about the importance of estate planning a person’s Digital Assets i.e. Facebook page, ITunes, Blogs, FlickR, etc. The interview can be heard by clicking here. (Note: The interview can only be heard through Internet Explorer web browser.)
It is certainly a new area for estate planners because it is a new area of law. Digital assets have only really come into existence in the last decade or so with the explosion of Social Media. However, with more of a person’s content, property and information on-line, or in the cloud, that inherently means there is a value to those assets. That means a person needs to estate plan for those assets to protect them and ensure they go to the right person.
I wrote two articles for my newsletter over the last year or so detailing the importance of estate planning a person’s digital assets. Those articles are titled:
Feel free to check them out.