What are digital assets? Generally speaking, “digital assets” are any type of data in which a person has some right or proprietary interest. A person’s digital assets may include (but are not limited to) information in his or her email accounts, information saved on his or her Smartphones, his or her computer files, picture files, video files, music files, social networking accounts, blogs, websites, word processing documents, and spreadsheets.
Do digital assets have value? Many digital assets have value. Like tangible assets, digital assets can have monetary value (for example, blogs that generate revenue, or intellectual property rights, which – in some cases – may be extremely valuable), or sentimental value (family photos or video files, for example). For this reason, it is important to establish a plan for what should happen to your digital assets in the event of your death or incapacity. It may be necessary to access the digital