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By: Peggy Senentz on Dec 12, 2016
On December 6, 2016, Peggy Clarie Senentz of Clarie Law Offices, P.A. of South Pasadena, FL presented a program entitled “ The Florida Fiduciary Access to Digital Assets Act, F. S. § 740: The Management and Distribution of your Digital Assets Legacy” to the St. Petersburg Sunrise Rotary Club of District 6960; Club # 4287. The presentation provided a review of the recently enacted legislation now codified under Florida Statute § 740 effective July 01, 2016 and outlined three ways a person can plan for the management and passage of their digital assets when they are unable to manage them under this Act.
In an age when many of us have immersed ourselves with ownership of numerous on-line accounts and apps, the question arises as to what happens to this digital legacy upon your death or incapacity? Florida is one of a growing number of States to pass some type of recent legislation to provide statutory authority for a fiduciary to access and manage digital assets for a person who is unable to do so, either due to death or other incapacity.
Attorney Senentz reviewed in her presentation the recently enacted Florida Fiduciary Access to Digital Assets Act, effective July 1, 2016 which is Florida’s law to enable fiduciaries to access and manage digital assets. The presentation also outlines three ways a person can plan for the management and passage of their digital assets when they are no longer able to undertake their management. Attorney Senentz of Clarie Law Offices, P.A. welcomes the opportunity to meet with you and determine the best way to plan for the management and distribution of your digital assets when you are unable to manage them.