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Digital Assets

February 24th, 2016 by flanews

Everyone knows about “the cloud.” The digital storage system just floating around carrying some of our personal information. As Matt Galka tells us…lawmakers want to make sure the answer to who gets your digital assets after you pass away isn’t up in the air.

Attorney Pete Dunbar used handwritten accounts to write a book about his father’s experiences in World War II.

“The letters had been written to my father’s mother and father, they were kept by my mother, they were there and available,” he said.

The letters passed down letters provided a first person view of the war.  Dunbar says there’s no way the book could’ve been written if they were online..

“Those would not have been available to me if they were somewhere in the cloud,” said Dunbar.

The question about what happens to your digital assets after you pass away has created some messy situations in the digital age.  Senate sponsor Dorothy Hukill says the bill is necessary now more than ever.

“People are doing banking online, they’re doing all kind of financial transactions online. How would anyone even know about those transactions if they can’t get access and how would they take care of you,” Sen. Hukill.

Bigger internet companies opposed the bill last year, but that wasn’t the case this time around.

House sponsor Jay Fant says the bills help Internet Service providers avoid ongoing litigation.

“There can be some lack of clarity on how to obtain those assets or how to Marshall those assets for the estate. And this bill cleans that up, so in these modern times, these are the kinds of things the law is catching up with,” said Rep. Fant.

A person could grant access to digital assets through power of attorney or will them to a relative under the legislation.

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