Digital Assets and Probate: A Practitioner's Guide

Digital Assets and Probate: A Practitioners Guide is a comprehensive guide for probate practitioners who need to understand digital assets when advising clients, drafting wills, or administering estates. It covers topics such as what is a digital asset, who deals with them, how inheritance tax applies, and steps to secure them post-death. The book also provides draft clauses, precedents, and a sample digital assets questionnaire for clients.

Format: Paperback / softback
Length: 200 pages
Publication date: 20 December 2022
Publisher: Wildy, Simmonds and Hill Publishing

Digital Assets and Probate: A Practitioners Guide is a comprehensive resource for busy probate practitioners seeking to enhance their understanding of digital assets when advising clients, drafting wills, or administering estates. Written in an accessible style, this book serves as a valuable reference for both new and experienced practitioners, addressing a range of critical issues such as:

What is a digital asset?
Who handles digital assets in probate situations?
How does inheritance tax apply to digital assets?
What consequences arise if digital aspects of a client's estate are ignored?
What steps should be taken to secure digital assets post-death?
What questions should clients be asked about their digital assets and behaviors, and what should be avoided?

The author delves into various subjects within the context of probate, including social media, taxation of crypto-currencies, digital executorship, and securing digital devices. Additionally, the book addresses the mitigation of risks to solicitors and legal representatives. Furthermore, this book offers practitioners valuable draft clauses, precedents, and a sample digital assets questionnaire for clients. It includes a comprehensive glossary of relevant terms commonly encountered in practice.

By leveraging the insights and practical guidance provided in Digital Assets and Probate: A Practitioners Guide, probate practitioners can confidently navigate the complex landscape of digital assets, ensuring that their clients' estates are managed effectively and that their digital assets are protected and preserved according to their wishes.

Weight: 256g
Dimension: 139 x 216 x 16 (mm)
ISBN-13: 9780854902958