An associate of mine in the UK recently gave a presentation which had me think to propagate the thought here for some of you to take note of.
The majority of us are at the stage in life where we have or should have created a will.
Until hearing about the content of this presentation i had never thought of the issue of digital assets, never mind making provision for them in your will.
Some of you have either writings or websites or web based businesses that are deemed digital assets. Unless they are listed in your will with details and passwords these assets essentially get lost in event of your death.
Whats more in certain countries the law requires that the access information be placed in writing in the wil. In countries like the UK a will is open public document upon death exposing such information.
The suggestion is to have such information written down on paper and placed in an envelope and such envelope described in the will in reference to the said digital assets. This avoids potential theft or any other malpractice.
I thought it worth letting you all know of this matter we often tend to overlook the obvious as we all take this medium somewhat for granted.
While on this thought i would suggest that the current mods give consideration to this topic in respect of dealing with the event of passing of any of the signatories to ownership of our forum something of this nature has impact on the longevity of our family.
Digital assets is a broad term and you may think it does not apply to you however i would argue that most of us have some sort of digital assets even if they limited to our own computer.
Just something further to be concerned about and deal with as we move more and more into a trully digital age.
Sorry i know its not woodworking but my thoughts of you all dont stop at woodworking.