The term 'digital asset' is a broad one. Digital assets may include anything that requires an online login, but can include assets of a high value such as PayPal or Bitcoin accounts. This post considers some issues in relation to leaving digital assets.
Szabo & Associates News & Updates
Should I make a Will?
Everyone should make a Will. A Will ensures that your assets are distributed how you wish them to be after you have passed. Furthermore, a Will is the only way you can ensure that those who are dependent on you are adequately provided for in the event of your passing.
What is a Power of Attorney?
A Power of Attorney is a legal document which gives another person or a trustee organisation the power to manage your financial and legal affairs. The person of your choosing is appointed and then is known as your attorney.
We're not referring to the internal conflict Gillian Flynn may be going through while she rewrites Hamlet as part of the Hogarth Shakespeare project. No, here we're looking at the New South Wales Supreme Court's judgment earlier this year (19th May 2014) on the conflict between upholding the wishes of the deceased and the rights of the family left behind under the Succession Act 2006 (NSW).