By: Stella Varvis
PDF Version: Access to Digital Assets by Fiduciaries
Matter Commented On: the Uniform Access to Digital Assets by Fiduciaries Act
The email from your brother about spring break. Photos from prospective online dates stored on your phone. Restaurant reviews posted on your WordPress blog. Your Airmiles travel points. Your Venmo payment account. Your Bitcoin wallet.
You may own more digital assets than you realize. In fact, estimates suggest that the average Canadian has digital assets with a stored electronic value of approximately $10,000 (See Noor Ibrahim, “Does your social media profile belong in your will? Why Canadians should plan their ‘digital inheritance’ now” (26 Nov 2021)). But what happens to your digital assets if you die or become incapacitated? Who has the right to access your digital assets? And what can be done if an online service provider in another jurisdiction denies access? Continue reading