Category - Digital Assets

Bitcoin: the basics

December 8, 2017

You have probably heard the words “Bitcoin” and “Cryptocurrency.” But if you are like most of us, you have at first felt a little curious, then tried to learn a little more about these things…only to eventually give up with a headache. Let’s face it, these are complex matters well understood by few. I recently

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Are Electronic Signatures Legal?

August 24, 2017

Yes. Any other questions? Ok, if you are asking the first question, you likely want to know a little bit more on this subject, so let’s consider a few things related to electronic signatures. When President Clinton signed the ESIGN ACT (the long name of that law is the Electronic Signatures in Global and National […]

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digital assets and your estate plan

August 10, 2017

Digital assets are an increasingly important part of our lives. However, when it comes to estate planning, these items are most often overlooked. I recently read an article published by Fidelity on this topic. I would commend this article to everyone, whether you are a Fidelity client. It is free to read and contains useful […]

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who can access your e-mail? (status of laws relating to digital assets)

July 6, 2016

At the moment, you likely don’t want anyone (other than perhaps your significant other) to have access your e-mail, social media, online bank account, i-tunes and/or any of a number of other online accounts. If something were to happen to your parent, your spouse, your child or other family member, you might need to access that […]

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IRA Beneficiary Designation Blunders and How to Avoid Them (Irrigation Analogy and Forbes Article)

May 4, 2015

Mistakes With Beneficiary Designation Forms Have Ruined Many a Good Estate Plan Consider a scenario where a person who has substantial retirement assets and life insurance retains a highly skilled estate planning attorney to design and implement a highly customized and in all respects masterful estate plan. The person’s estate plan is drafted, signed and […]

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Laws Related to Digital Assets Continue to Evolve

April 24, 2015

Digital Assets are often overlooked in the estate planning process. Do you have digital photos on your phone and or computer? Do you have an e-mail account, a Facebook account, a Twitter account and/or some other social media account? Are your financial account statements delivered to you online? Do you access your bank and investment […]

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Digital Assets Have More Than Just “Virtual” Importance

February 16, 2015

Many Utah residents (as well as those who live in other states) have tens of thousands of dollars worth of “digital assets” and far too many have done little or nothing to ensure that such valuable items are protected (both now and later). Digital assets include music, games, pictures, e-mails, personal files and records, blog […]

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Management of Digital Assets and Accounts

October 23, 2014

When we think about estate planning, asset protection and property transfers, we normally focus on real estate, bank accounts, retirement accounts and other investment accounts and related items. However, given the realities of modern life, including the fact that a great many people have substantial “digital assets”, we would do well to consider and plan […]

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