Estate Planning for Your On-Line Life - Cona Elder Law

Estate Planning for Your On-Line Life

Date: 

Tuesday, June 4, 2013 - 12:00pm

Location: 

WHPC 90.3 FM

_________________

Paul Hyl, Esq. to Discuss Estate Planning in the Digital Age

Radio interview on WHPC 90.3 FM

For the first time ever, studies show that 1/2 of all adults age 65 and over use the internet and/or e-mail, with 70% using the internet daily and 1/3 using a social networking site.  As a result, clients must realize and plan for an estate which includes “digital assets.”  Photo albums, diaries, and letters are rapidly being replaced by their electronic counterparts; interpersonal connections are being made through social networking websites; even banking is done online, from statements to phone camera check deposits.  However, whereas photo albums, diaries, letters and address books are physical property passed on by a decedent to be cherished and enjoyed by their heirs, their electronic counterparts are often times not so easily identified or transferred.  In addition, electronically stored information may be put beyond reach if family members and heirs are not made aware of usernames and passwords.  Clients may not consider these issues when profiling their overall estate, leaving heirs and beneficiaries unable to access and handle the “digital assets” of the estate.


About the Author Cona Elder Law

Cona Elder Law is a full service law firm based in Melville, LI. Our firm concentrates in the areas of elder law, estate planning, estate administration and litigation, special needs planning and health care facility representation. We are proud to have been recognized for our innovative strategies, creative techniques and unparalleled negotiating skills unendingly driven toward our paramount objective - satisfying the needs of our clients.

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