Tracking your digital worth for the next generation
Tracking your digital worth for the next generation The value of our online lives is worth billions of pounds but many of these assets may never be passed on, as people are failing to record their digital worth. In research undertaken by accountants PWC, the value of our digital assets was estimated at £25bn, yet in a YouGov poll over half of those surveyed admitted nobody would be able to access such assets after their deaths, as they had not made any arrangements to deal with what would happen. As a result, finding out how to protect confidential information and pass on digital assets is becoming increasingly important - whether when making a will and appointing executors, or considering attorneys to act during a period of ill health or other incapacity. Digital assets include all content, accounts and files created and stored in a digital form, whether online, in the cloud, or on a computer or smartphone. These assets may...