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Estate Planning March 5, 2025
Understanding Digital Assets in Estate Planning
In the modern age, your estate includes more than just physical property. Don't forget to plan for your digital footprint.
Digital assets include social media accounts, cloud storage, cryptocurrency, and online business accounts. Without a plan, these can be lost or inaccessible to heirs.
Maryland and DC have specific laws (like RUFADAA) that govern who can access these accounts after death or incapacity.
We help clients create a digital asset inventory and include the necessary authorizations in their powers of attorney and wills.