We increasingly use digital devices and the internet to do business, to create and maintain relationships, to communicate with family and friends and to store and use our photographs, music and correspondence, yet until now surprisingly little thought has been spent on how our online presence and digital assets are dealt with once we die.
Cyber law specialist Gareth Abdinor recently delivered a webinar for the New Zealand Law Society on this subject and provided practical tips on how the management of cyber assets and digital reputation could be managed and included in estate planning.
The webinar, titled “What Happens To Your Bits And Bytes When You Die?” explored the range of digital assets we are accumulating today. These cyber assets range from digital assets with clear financial value, like those on computing devices or stored in cloud storage accounts, and social media/loyalty accounts to those digital assets with sentimental or other value.
The webinar looked at the various issues that can arise if digital assets are ignored when estate planning and presented some possible practical solutions and things to consider when including digital assets into estate planning. For advice on cyber assets, digital reputation and other cyber law issues (like data privacy, cyber bullying and the Harmful Digital Communications Act) please do not hesitate to get in touch with Gareth.
Disclaimer: The content of this article is general in nature and specific advice should be sought before relying on any aspect of it.