If you live in California, you’ve probably heard a lot about Proposition 19. It was on the ballot in the 2020 general election alongside Proposition 15. Proposition 15 would have raised taxes on commercial properties, but it was defeated in the vote. Proposition 19, however, was passed by the state of California. What exactly does it mean? Before we explain it, let's take a brief look at who it applies to: Read More
6 Steps to Add Digital Assets To Your Estate Plan
Although digital technology has made many aspects of our lives much easier and more convenient, it has also created some unique challenges when it comes to estate planning. If you haven’t planned properly, for example, just locating and accessing all of your digital assets can be a major headache, or even impossible, for your loved ones following your death or incapacity. And even if your loved ones can access Read More
Understanding The California Uniform Fiduciary Access To Digital Assets Act
There is not currently any federal law regulating access to digital assets. The Revised Uniform Fiduciary Access to Digital Assets Act (UFADAA) took effect in California (California Bill AB-691) on January 1, 2017. The UFADAA allows you to give an executor, administrator, trustee, power of attorney agent, or court-appointed conservator authority over your digital assets upon death or incapacitation. This Read More
