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McCurrie McCurrie
& McCurrie, L.L.C.

680 Kearny Avenue
Kearny, NJ 07032-3010
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Digital estates should be considered with traditional planning

Owning more digital devices than ever before, many people are utilizing digital assets to manage their money, store their family pictures and communicate. These digital assets, being actual physical assets as well as virtual assets, all have a value to someone. This value is something many people often forget to assess when thinking about estate planning. By including these assets in an estate plan, a person can ensure an easier transition of digital assets.

By including digital assets in an estate plan, they can be continually updated as more assets are acquired. When people think about the digital estate they own, they might become overwhelmed. Prioritizing the most important digital assets for inclusion into an estate plan can help narrow the focus.

First thing people will want to do is account for their digital assets. That includes user names and passwords for any digital accounts. Some people may want to even include social media accounts. Many digitally purchased items such as music and e-books should also be considered.

Once all the account information is gathered, speaking with an estate planning attorney might be a wise decision. They can help include these assets in a person's estate plan. Having a friend or family member in mind that understands technology might make executing an estate plan easier. Having digital assets included in an estate plan can help provide further peace of mind that all of your belongings will go where you want them to go.

Source: ABA Journal, "Of Sound Mind: Make Plans for Your Digital Estate," Dennis Kennedy, Aug. 1, 2012

Check out our website for more information on estate planning.

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