![]() What is considered a "digital asset" may evolve to include new and innovative asset classes. The development of technology consistently outpaces the laws that attempt to regulate its subjects. A well- drafted estate plan should address the management and distribution of digital assets to mitigate additional administrative burdens on fiduciaries. Many individuals may not realize the value and extent of their digital records and the potential for financial or sentimental loss if these assets are lost or inaccessible. ![]() The rapid advance of technology has led to substantial portions of individuals' business and personal data being stored in digital formats.
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