In an increasingly digital world, have you ever thought about what would happen to your photos, music or even your social media accounts when you die?
If not, you are not alone, the vast majority of people won’t keep records of such assets, let alone have considered whether or how they can pass them on when they die.
Digital assets take many forms and can include:
Whether or not you can even pass such assets on to your beneficiaries will depend on whether you own them, or simply use the content.
What should you be doing?
Whilst the ownership and security of digital assets such as music and images you possess may not have occurred to you, this article may help you to think about how you would want to secure those assets for your loved ones.
If you want to have a completely no obligation chat, please call Olivia Down, Senior Tax Manager, on 01392 448859.