Digital Assets
Understand how digital assets affect estate planning with SimplyTrust's comprehensive insights and perhaps rethink your digital legacy.
How can digital assets be incorporated into an estate plan?
Digital assets can be incorporated into an estate plan by listing them in your estate documents and appointing a digital fiduciary. These assets, such as online accounts, digital currencies, and domain names, often carry financial or sentimental value and can be crucial to account for in comprehensive planning. Including them ensures that they are managed according to your wishes after passing. Within SimplyTrust, digital assets can be categorized under Digital Trustees, who hold limited powers specifically for these types of assets, ensuring they are safeguarded and transferred properly. This approach not only secures their legacy but may also simplify the management of one's estate.
