EST2301P. Digital Assets - Planning and Administration

Digital Assets – Planning and Administration is a course designed specifically for accountants and estate planners seeking to navigate the complex landscape of digital assets in the realm of estate planning. As technology continues to evolve, individuals' digital lives have become increasingly intertwined with their financial and personal affairs. This course aims to provide participants with the knowledge and strategies necessary to effectively address digital assets within the estate planning process. From cryptocurrencies and online financial accounts to social media profiles and digital content, participants will gain valuable insights and practical guidance to ensure seamless management, protection, and transfer of digital assets upon incapacitation or death. At the completion of this course, attendees will be equipped to guide clients through the intricacies of digital estate planning, enhancing their professional expertise and enabling them to deliver comprehensive solutions.

Learning Objectives:

• Distinguish the scope and importance of digital assets in modern estate planning, recognizing their diverse forms and inherent challenges.
• Identify the legal, regulatory, and privacy considerations associated with digital assets and the relevant implications for estate planning.
• Identify various approaches and tools available for cataloging, organizing, and managing digital assets, including password managers, digital vaults, and fiduciary access laws.
• Determine strategies for safeguarding digital assets from unauthorized access, identity theft, and loss during an individual's lifetime and beyond.