“Thought for the Day” #753 – by Stephen R. Elville, J.D., LL.M.

July 1, 2016

Providing your fiduciary access to your digital assets by affirmatively “opting in” to the Maryland Fiduciary Access to Digital Assets Act, effective October 1, 2016, is one thing.  Providing your fiduciary practical access to passwords and other confidential information relating to digital assets for the purpose of facilitating the seamless management of your affairs during incapacity, or the smooth administration of your estate, is another.  This latter issue involves counseling and the review of all available options for storage and access of such information.