Most business assets and property can be planned for and handled through estate planning documents or trusts, but did you know that you can also plan or prepare for the management of your digital or social media platforms? If an individual or a business has a social media presence, it is important to plan for the future management of those accounts, just as one would plan for the future with other assets.
Ohio has passed the Revised Uniform Fiduciary Access to Digital Assets Act (RUFADAA), which allows you to appoint a "Digital Fiduciary" to manage your accounts. This fiduciary can be granted within a power of attorney document, or it can be added to your Will so that the Digital Fiduciary can manage and transfer your digital assets after your death. If you need to plan for the future with regard to your digital assets, call our office to set up an appointment and establish your Digital Fiduciary.
