The Fiduciary Access to Digital Assets Act clarifies the procedures to gain access to or obtain copies of the contents of the electronic communications of a deceased person. This act provides that access to copies of the contents of the deceased’s electronic communications is authorized upon a written request by the estate and an order by the court of probate. To read more visit …
The purpose of this act is to vest fiduciaries with the authority to access, manage, distribute, copy or delete digital assets and accounts. It addresses four different types of fiduciaries: personal representatives of decedents’ estates, conservators for protected persons, agents acting pursuant to a power of attorney, and trustees. To read more visit …
When a loved one passes away without leaving a digital asset management plan, it causes various problems. From emotional, legal and practical problems. There act was enacted to help.
Part I explains the different types of assets and how to deal with it.
Part II discusses the legislative solutions for dealing with digital assets after death.
Part III discusses the improvements and underperformances.
Part IV evaluates the types of control fiduciaries and beneficiaries permitted over digital assets.
Here are some states that have introduced the act or are considering it.
What do you think about this act? Please share your views.
Image source: http://www.thedigitalbeyond.com/2014/03/ulc-fiduciary-access-to-digital-assets-committee-work-coming-to-close/