Excerpt from: Los Angeles Legal Authority (click for full article)
Today, when a person dies, he or she may own much in the way of property that is far different from physical property such as real estate or vehicles, or even cash, stocks or bonds. Estate planning for people in California and nationwide increasingly must make provisions for digital assets. Digital assets can include social media accounts such as Facebook or Twitter, and may also include a website or blog that the person used, possibly in ways that generated a stream of income.
Digital assets can include files stored on local computers or on remote servers. They can also include email accounts, including an accumulated storage of past emails that contain valuable information. Digital files stored can include photographs, videos, sound files, e-books, software licenses, file sharing accounts and memberships in affiliate programs that earn either cash or other things of value, such as discounts or merchandise.
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