BLACK LIVES MATTER

Maryland enacts laws on Trusts and Digital Assets to take effect in October 2016

For a long time, the rule in Maryland has been that a divorce revokes the provisions of a will that benefit the former spouse, but we did not have the same rule for revocable trusts.  Beginning October 1, 2016, the same rule will apply to revocable trusts—divorce will revoke those provisions of the trust that […]

Revised Uniform Fiduciary Access to Digital Assets Act (RUFADAA): Online Tools

When it is enacted in state legislatures this year, RUFADAA will give effect to a user’s express instructions regarding whether or not a fiduciary should have access to the user’s digital assets.  Users can provide those instructions in their traditional estate planning documents, via some other record, or via use of an online tool.  An […]

Update on Fiduciary Access to Digital Assets

Your personal representative (the executor of your will) will need to read your emails.  This may not be something you’ve thought about before, but it’s true.  You get bank statements, bills, and even tax forms delivered to you only by email.  You have automatic, recurring payments set up from your checking account each month.  You […]