Your Digital Legacy

You may have made a will or thought about  the money, property and personal items you want to pass on but have you considered your digital legacy? With preparations being made for the Digital Legacy Conference 2019 which takes place in Germany this May, it reminds us that  although digital legacy is a relatively new phenomenon it is becoming increasingly talked about.

Firstly, who knows about your online banking, your e-mail accounts, online shopping accounts and your social networking presence such as Facebook, Twitter and LinkedIn? It is unlikely that you have paperwork such as bank statements for your online banking so accounts could easily be missed. Virtual currency like Bitcoin has a value which forms part of your estate and all your assets must be declared for inheritance tax purposes including digital assets.

Providing someone with details of all your online accounts puts them in an awkward position as they could unknowingly commit a criminal offence under the Computer Misuse Act 1990. Instead the Law Society recommends that you make a list of your digital assets and ensure the list is kept up to date so that whoever deals with your affairs when you have gone can contact the relevant companies.

Free will appointment

You can also consider if you would want your social media accounts to be closed upon your death or to remain open. However, be aware that keeping accounts open can lead to “the virtual ghost” such as automatic birthday reminders which can be distressing for friends and family. Facebook can be converted to a “commemorative” page to avoid such problems.

You should also be aware that any content you have paid to download such as films, music and books probably does not belong to you. Generally you only receive a licence to use the content yourself and downloads cannot be passed on like physical books and CD’s. It was widely reported that Bruce Willis intended to bring a test case as he wanted to leave his extensive digital music library to his daughters but this has never been confirmed.

Finally, consider that you probably store your photographs on your computer these days rather than having printed pictures in albums and you may want to ensure that your family can access these.

At Bretherton Law we can advise you on providing information about your digital legacy when you make or review your will. Arrange an appointment with us on 01727 869293 or  book online to ensure that your family have full information about your digital legacy.


Don't miss a post:

Subscribe to our quarterly newsletter
Like us on LinkedIn
Follow us on Twitter
Like us on Facebook

Contact Us

When you send an enquiry you are giving your consent to receive marketing emails from Bretherton Law. We promise we won't bombard you with SPAM emails, or sell your information to someone else and you can unsubscribe at any time.

Do you consent to receive marketing information from Bretherton Law?

YesNo

Serving Communities In

St Albans, Harpenden, Hatfield, Watford,
Welwyn Garden City, Radlett, Luton

CONTACT US
Please contact us with any questions – We are here to help

If you telephone us your call will be answered by a real person (no recorded voice saying press this and that) and our friendly receptionist will listen to your needs and transfer you to the person who can help.

If you email us we aim to respond as quickly as possible but always within one working day.

NO OBLIGATION, NO PRESSURE - JUST YOUR QUESTIONS ANSWERED

Contact Us Now

Bretherton Law is the trading name of Bretherton Law Ltd. Company registration number 07795500. Authorised and regulated by the Solicitors Regulation Authority. SRA Number 612461. Accredited members of the Law Society for child law and conveyancing. Members of Resolution.

© 2018 Bretherton Law

Terms & Conditions | Privacy Policy | Cookie Policy