In The News

Do Not Let Your Digital Life Die with You

Digital assets are every bit as real and valuable as traditional property—sometimes even more so. Yet many people do not treat them that way in their estate plan. Your plan may account for your home and heirlooms, but what about your Venmo balance, web domains, or crypto wallets? Read more to properly plan to ensure these valuable digital assets aren't easily lost or become inaccessible after you die.

Crypto is the only asset class where a simple loss of access, not market decline, can wipe out an entire fortune. And that risk does not disappear when you die. If your executor cannot locate the wallet, seed phrase, or authentication steps, the asset may as well not exist. Read more to learn that you need an estate plan that accounts for how uniquely valuable—and fragile—these assets can be.

Preventing cybercrimes such as identity theft starts with awareness, including the recognition that cybersecurity is not just an IT problem or something that affects businesses. It is a personal wealth preservation issue that can affect you not only now but also after you are gone, making it crucial to strengthen your digital defenses long before your estate reaches administration. Read more to learn that scammers routinely target estates, executors, and grieving families, often by mining obituaries and public probate records to launch phishing, impersonation, and identity-theft schemes.

This information is for educational purposes only and cannot be considered legal advice, nor does the receipt of this newsletter create an attorney-client relationship.