I have just read a very interesting article in the latest STEP magazine titled: “Dawn of the iPhone will”. The article outlines the development of informal wills in Australia and in particular how the Supreme Court of Queensland held that an electronic will saved on to a smartphone should be admitted to probate (confirmation).
As the article states, we are likely to have to increasingly deal with informal wills of the electronic nature in years to come. This is an issue that we will also have to do deal with here in Scotland.
More generally, a recent talk I gave on “What happens to digital assets on death?” can be found here.
The average person it is claimed now has more than 10 online accounts, including social media, shopping and bank accounts. These obviously contain a great deal of personal information and have value whether it is financial or sentimental.
What though happens to these assets on death? If you would like to find out more about this issue please contact: james@legalknowledgescotland.com