Florida Governor Rick Scott has recently signed legislation that will help people protect their digital assets after they pass away. The digital assets legislation known as SB 494 was one of more than two dozen proposals that the Florida Governor signed into law on Thursday. “The new law means a person can designate someone to have access and control of their financial accounts, social media and most everything else someone has online after their death.” These financial accounts and assets that the new Florida law will impact includes things like email address, text messages, photographs, online videos, and many of the documents that people have stored in the cloud. This new State law means that Florida will handle digital assets in a similar way to how other valuable assets and property are handled in the estate planning process.
See Jenna Buzzacco-Foerster, Rick Scott Signs Digital Assets Bill Into Law, Florida Politics, March 10, 2016.
