What are Digital Assets?

by | Dec 11, 2013 | Uncategorized

So what are digital assets?  Well, start by asking yourself these questions: If your email account was hacked tomorrow, and all of your details were deleted, would this be a problem for you, and why? If your computer crashed and nothing was salvageable, INCLUDING all of those photos you had  meticulously ordered, categorized and slaved over, and you had no backup, would this be a problem for you, and why? If your facebook account was terminated due to a potential hacker, would you lose valuable information, contacts, pictures, etc. Do you store documents for your business in the cloud?  What would happen if you lost these? Well these types of things are your digital assets.  If you answered ‘yes’ it would be a problem if these were lost, then they are important enough that you should account for them in your Will. Even if the documents or information may not be considered important, what if they fell into disreputable hands, would this be a problem?  Could someone use or steal your identity? Digital Assets need to be protected.  If you are diligent, you will already have backups somehow, somewhere of these assets.  And if you are already doing that, then they are important to you.  This means they would also be important to your family on your death, and should be protected by having a Will in...