Home » Management of digital assets and accounts

Management of digital assets and accounts

Posted by Jacqueline Keddie | 03 October 2018 | Estate Planning

“Digital artworks, for example, can form part of a digital artist’s inventory” notes Michael Perkins in this September 2018 Sydney Morning Herald article.  Michael leads the Nexus Lawyers’ Private Client Services practice.

So what’s needed for estate planning for digital assets?

Our post “Assets loaded but locked in the cloud” provides the three hints below for management of digital assets and accounts in the cloud

  1. Passwords management – Keep a list of passwords, maybe use password manager software.
  2. Asset categorisation – List in words, and sketch a mud map on paper, categorising the different types of assets and how they link together. List photos, book titles, bank accounts, social platforms etc.
  3. Records Data Form – Use this to record computers, backup drives, cloud storage (iCloud, Dropbox etc), domain names, online accounts, and other electronic accounts and records. Contact Nexus Lawyers if you’d like a copy of this template.

This publication is © Nexus Law Group and is for general guidance only. Legal advice should be sought before taking action in relation to any specific issues

Related Articles

Institutionalise your memory

21 May 2019 | Corporate & Commercial |

Bad habits and not knowing what to do put at risk the assets of individuals, families, family businesses and organisations. Here are many practical ways to protect assets against death, disability or organisational or family dissolution.

Nexus gains three Group Principals

13 February 2019 | Corporate & Commercial |

Sol Dolor, journalist with Australasian Lawyer profiles THREE SENIOR LAWYERS who have joined Nexus Law Group.
• Estate planning, assets protection, business succession, trusts, and …

STEP conference calls for new digital assets laws

09 July 2018 | Estate Planning |

Nexus representatives Michael Perkins TEP and Jayne Humphreys TEP, joined international experts, financial experts, barristers, lawyers and accountants in Sydney last …