How to Handle Digital Assets in Your Florida Estate Plan ?
.png)
In today's digital age, managing your digital assets is an essential part of your estate planning. With a vast amount of our lives stored online, it's crucial to make sure that your online accounts, cryptocurrency, and digital media are properly handled in the event of your passing. Florida law has specific provisions for managing digital assets, and it's essential to include them in your estate plan to avoid complications during Florida probate. What Are Digital Assets? Digital assets include anything that exists in digital form and holds value. This can include: Online Accounts : Email, social media accounts, and cloud storage accounts (e.g., Google Drive, Dropbox). Cryptocurrency : Digital currencies like Bitcoin, Ethereum, or other blockchain-based assets. Digital Media : Photos, music, videos, and digital art. Financial Accounts : Online bank accounts, PayPal, or other money-management services. Business Interests : E-commerce websites or intellectual property stored o...