Monday, May 19, 2014
The Delaware General Assembly will address legislation concerning estate planning in the digital sphere. A recent bill by Rep. Darryl Scott would require companies such as Google to relinquish control of users accounts to a trusted person outlined in their will. Companies would be required to give estate executors access to accounts within 30 days of a request or face civil penalties.
While privacy concerns exist, Scott says there are safeguards built into the proposal. “They’re concerned about user privacy as well and I have that concern…People can designate assets that they don’t want to be included as part of their estate.”
If approved, this bill will be the first comprehensive law of its kind. Seven other states grant different levels of access.
See James Dawson, Bill Seeks to Address Digital Asset Issues in Estate Planning, Delaware Public Media, May 16, 2014.
Special thanks to Brian Cohan (Attorney at Law, Law Offices of Brian J. Cohan, P.C.) for bringing this article to my attention.