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HEIRLOOMS THEN AND NOW-ONLINE LEGACIES AND DIGITAL ESTATE PLANNING
Computers in Libraries - Westport
Subjects: TECHNICAL SERVICES - PRESERVATION
Author: Zastrow, Jan
Date: Jun 2017
Start Page: 12
Pages: 4
Abstract (Document Summary)

Many people remember a time when they kept shoeboxes under the bed full of cherished letters, fading photographs, and family slide collections. Sometimes, yellowed clippings and keepsakes from their past were lovingly pasted into oversized scrapbooks. In fact, most library special collections and archives are filled with such personal and professional memorabilia documenting the lifetimes of their donors. Although inheritance laws are well-understood for physical items, digital asset inheritance is only beginning to be addressed. These assets are stored on personal computers, on web and email servers, on social media sites, and in the cloud. Some properties such as digital currency, video game characters, and Internet domain names exist only in cyberspace. Federal legislation governing all of this would be ideal, but for now, some states are beginning to pass laws. The Revised Uniform Fiduciary Access to Digital Assets Act was approved in 2015 by the National Conference of Commissioners on Uniform State Laws.

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