Digital Assets Revisited

Feb 17, 2015 | Wealth Management

Last year I discussed the need for and potential challenges of planning for your digital estate.  A few days ago, Facebook took steps to address this digital debate by allowing users to assign a “legacy contact” for their account.  This person  would work like a digital executor and take control over many aspects of your Facebook page after your death.  But remember, this person would only have access to your Facebook page.  If you have a $10,000 library at iTunes,  you will still need to make other arrangements.   Andrea Coombes of MarketWatch addressed planning for your digital assets in a column last year and the University of Miami published a thorough paper about this “Digital Death Conundrum” and the challenges presented regarding digital property.   As the value of your digital estate continues to grow, proper planning becomes more and more important. 


Jeff Schriefer
Senior Wealth Advisor
Wealth Management
859-233-8929 Office
859-252-0304 Fax


This blog may contain links to other websites. These links are provided for your convenience to provide further information. They do not signify that we endorse the website(s) or that we are in any way affiliated with the website(s). We are not liable or responsible for any such linked website(s) or the content thereon. If you use the links, you will be subject to the terms of use and privacy policies applicable to the linked website(s). The Bank of the Bluegrass & Trust Co. privacy policy does not apply to such linked website(s) and should not be relied upon with respect to those website(s). We are not liable or responsible for any loss or damage resulting from failure to consult the privacy policies of such linked website(s) or for reliance on these Terms of Use with respect to such linked website(s).

Investments offered by Wealth Management Division at Bank of the Bluegrass & Trust Company *Are not FDIC Insured * Are not Bank Guaranteed * May Lose Value*


The information presented in this blog is general in nature.  It is not intended to provide, and should not be relied upon for accounting, investment, legal or tax advice.  Investors should consider their individual financial circumstances and the inherent risks of investing prior to making any investment decision.

Share this post