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Digital Assets: What Are They? Instead of existing in photo albums and on videotapes and DV Ds, most of our family photos and videos are now digital. Even if they lack commercial value, they certainly have sentimental value that you want to preserve for your family and friends. Social media accounts containing your photos and videos can also have value to your loved ones when you are gone. For example, a Facebook account can serve as a memorial after you pass away. When you consider all of the other accounts that you log into (more than 130 on average), the list becomes quite lengthy. Digital assets that you may own include the following: ● Social media accounts (e.g., Facebook, Twitter, Linked In) ● Financial accounts at brick-and-mortar and online institutions ● Business documents and other files stored in the cloud ● Cryptocurrency ● NF Ts ● Databases ● Device backups ● Internet domain names and uniform resource locators (UR Ls) ● Streaming service accounts (e.g., Netflix, Peacock, Hulu) ● Merchant accounts (e.g., Amazon, Etsy, e Bay) ● Gaming tokens ● Virtual avatars ● Points-based loyalty programs (e.g., for groceries, gas stations, airlines, and hotels) ● Rights to intellectual property, artwork, and literature ● Online betting accounts ● Monetized video content Next post: Including digital assets in your estate plan...