Are your virtual goods and property valuable?

value

Did you know there were different types of digital properties you could acquire?

We might not be able to physically hold on to our digital possessions but they exist and like all other properties they have their value and rights to them. Some have emotional value and some have financial value.

Games like World of Warcraft or Runsescape and others have players that spend days and hours acquiring weapons, skills potions and points for their virtual character. These items can later be sold in the real world for real money.                                                                     Example, a big battle bear in World of Warcraft costs $109.00

Itunes accounts, paypal accounts, amazon accounts, travel points etc often have saved up credit and points which can later be redeemed as cash, used to buy more goods or used as vouchers and gift cards. For example, I have air miles account and with my avios air mile points, I can buy free experience, buy cheaper tickets and so on. These air mile points are my virtual assets – but they have real world benefits and values attached with these.

My cousin bought a Dell laptop last week with her bitcoins. Some companies now are accepting bitcoins as form of payments. Now transactions are being performed without the need for a central bank which is quite convenient.

Sony allows people that buy their games to sell their property.

If you like to download music, movies, games, books, software’s, apps and academic papers which some are governed by licensing agreements which allow only the individuals that downloaded them to have access to them for it to be used only. Which means due to copyright protection, if anything happens to you, there will be a lot of challenging restrictions in terms of the material being transferred.

Your credit cards, bitcoins, business cards can all be kept in your  virtual wallet which can later be accessed by your beneficiaries with the right information.

With PlannedDeparture all of this will be taking care of. With the list of beneficiaries in your E-vault explain what happens to what, everything will be taken care of and all your property will not be locked away but given to those you think deserve, need or will appreciate it as much as you.

Protect your virtual goods, sign up with PlannedDeparture.

Image Source

Author: Planned Departure

Living and working in this digital era, our social media accounts – from Facebook, Twitter, Flickr to the likes of Pinterest – are increasing not only in number but also in volume. Additionally, many of us have domain names registered and libraries of movies, digital music and e-Books that can be of significant value. And let's not forget about Bitcoin and other virtual currencies! For the majority of us, these accounts and digital assets are likely to outlive us. And when we die, it is left up to family members and estate executors to sift through them all. Furthermore, even though they may have all the required passwords necessary for these accounts, many heirs will discover that they have no clear authority to access, or even to manage, the online accounts of their deceased loved ones. With the value of individuals' digital assets globally measured in the hundreds of billions of dollars, planning for the protection of our digital assets has moved to centre stage. It is essential that our online and social media accounts are included as part of the estate planning process. Failure to do so may not only deprive those we leave behind of fond memories and (possibly) a little nest egg, it could also leave us vulnerable to postmortem identity theft if fraudsters get to use our personal details to apply for credit facilities whilst our accounts remain unguarded. Planned Departure resolves these issues. We provide you with the ability not only to protect your digital assets, but also to clearly indicate who can access your online accounts and who should benefit from them. Create piece of mind today by registering with us in one quick and easy process.

1 thought on “Are your virtual goods and property valuable?”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s