You’re reading post this on a device that has lots of stuff – digital assets, let’s see what happens to them after death.
In September 1990, Lorna Thompson took me to the cinema. Die Hard II was playing. That visit to the local picture house was the first time I’d seen Bruce Willis as a [ahem] movie actor.
You might recall Mr Willis made news in September 2012. Some Sunday newspaper, the name of which I forget…
Digital Assets After Dearth, My Property, to Do with as I Wish
This paper reported Mr Willis was vexed to learn he could not bequeath his music collection, his iTunes collection, to his children. According to said publication, Bruce was discombobulated when he discovered that in fact, the music would revert to the device manufacturer, Apple. The paper said he brought legal action against the firm.
The concomitant commotion was like a bruise following a fall.
Bruce Willis and his wife denied the reports of the lawsuit.
Digital Assets After Death: Back To You
Nonetheless, what would you like to happen to all your digital assets?
Your letters, essays and drafts.
The songs, photos, films gathering dust in the bowels of your various computer hard drives and mobile devices.
If you don’t care, or if you’ve none to speak of, then there’s nothing to do.
There Are Two Kinds of People when it comes to Digital Assets After Death
Those who care about their digital assets after death. And those who don’t. Many of the former have read my book Maximum Inheritance. It has a section on what your digital assets are and how do deal with them. Reading this will give you the inside track on how to ensure your digital and physical assets go to those you want.
What to read next: Increase in Inheritance Tax Allowances