Digital Assets and Your Estate

Defining Digital Assets
Digital assets can be loosely defined as any online or electronic records, art, images, emails, creations, files, accounts or subscriptions that are owned by an individual. These assets may be stored on a computer or other electronic device such as a smart phone, a thumb drive or in a cloud.

Considering Your Digital Estate
If you have any kind of online footprint or own any offline digital content, you have a digital estate. It’s just as important to create a legacy and/or estate plan for these digital assets as it is for your tangible assets. It is important that your estate planning documents, such as your Will and Power of Attorney document, specifically include digital assets to determine:

  • What happens to your social media accounts upon death. Will they be maintained by a specific person, or would you prefer them to be deleted and closed? We’ve heard stories of parents wanting to access the photos stored on their deceased child’s Facebook or Instagram accounts but not being allowed to retrieve them. Or of spouses wanting to leave up the page of their deceased spouse as a memorial to that person.
  • Who can access and manage your online accounts and subscriptions. Many people are now doing more and more banking online, including paperless statements. Imagine if your spouse passes away and you don’t have access to the login information for your bank and online bills. A digital estate plan will allow you to give an executor or heir access to online accounts that make estate management easier.
  • Who will gain access to your purchased digital assets. Many people spend thousands of dollars a year on movies, programs and games that they download. While not all of these assets come with licenses that permit transfer, some do.
  • Who will gain possession of your emails and other digital files. Every day a tremendous amount of personal information is shared via email and recorded on digital text files. It’s possible that you don’t want just anyone to have access to this information, which makes it vital to set up a digital estate plan spelling out who has control of its oversight.

Don’t assume that your Agent named in your Power of Attorney or the Executor of your Will automatically has access to your digital assets. Talk with an attorney about updating your documents to include digital assets or developing a digital estate plan to include a list of accounts, passwords, assets and other information.

Adrianna Rocha

Adrianna Rocha

Client Relations Specialist

240-379-6929 V
240-439-6889 VP
512-379-6909 FAX
info@kramerwealth.com

Adrianna Rocha joined Kramer Wealth Managers in 2021.

Adrianna is responsible for client experiences and service. As part of the customer service team, she strives to help and provide top-notch service to our clients. As part of her role, she communicates with clients through videophone, schedules client meetings, prepares and processes forms, and gathers information for our advisors.

Adrianna Rocha graduated with a Bachelor of Arts in Communication Studies from Gallaudet University in 2017. Before she joined our team, she worked in the customer service industry for nearly a decade. She excels in human-to-human relations and takes pride in not only her own accomplishments, but her clients’ as well. Adrianna enjoys chatting about her slight obsession with dogs, houseplants, essential oils, and food: especially Mexican food! She is also a proud fur-mama to her beautiful Aussie-mixed pup, Ziva.

Adrianna is not registered with Osaic Wealth.

Adrianna Rocha

Adrianna Rocha

Client Relations Specialist

240-379-6929 V
240-439-6889 VP
512-379-6909 FAX
info@kramerwealth.com

Since joining Kramer Wealth Managers in 2021, Adrianna Rocha has been a client service dynamo, ensuring every client interaction is seamless and delightful. She’s the go-to guru for all things client experience, handling everything from videophone chats to scheduling meetings and processing forms with a smile. Her goal? To make sure every client feels valued and well-cared-for.

Adrianna graduated with a Bachelor of Arts in Communication Studies from Gallaudet University in 2017 and brings nearly a decade of customer service experience to our team. She thrives on personal connections, celebrating both her achievements and those of our clients. When she’s not busy at work, you might find her indulging in her passions—dogs, houseplants, essential oils, and the tantalizing flavors of Mexican cuisine. Proud fur-mama to her adorable Aussie mix, Ziva. Adrianna brings a touch of warmth and enthusiasm to everything she does.

Q: What’s your favorite part of working with clients?

A:  I enjoy client service because it allows me to help people and make a positive impact. Using my listening skills to understand client needs and solve problems is satisfying. I love turning negative experiences positive and the daily variety of challenges.

Adrianna is not registered with Osaic Wealth.

Jack Morley

Jack Morley

Client Relations Specialist

240-379-6929 V
240-439-6889 VP
240-379-6909 FAX
info@kramerwealth.com

Jack Morley has been a vital part of the Kramer Wealth Managers team since 2010, starting with various projects and officially joining full-time in 2013. As our go-to Account Service Specialist, Jack is the friendly face and reliable voice who ensures a smooth client experience. He’s the linchpin in client communications, handling account maintenance and bridging connections between clients and our advisory team.

A 1998 graduate of Gallaudet University with a BA in Psychology, Jack brings a wealth of customer service experience from retail and human services. His handyman skills are a bonus, making him the resident problem-solver and DIY enthusiast. Outside the office, Jack enjoys long walks with his dog Bailey.

Married for 25 years to his wonderful wife, Monica, Jack is also the devoted dad to two dynamic daughters who keep him on his toes. When he’s not walking Bailey—he’s likely tinkering on a new project or spending quality time with his family.

Q: What’s your favorite part of working with clients?

A:  I enjoy assisting clients in maintaining their accounts and ensuring there is a smooth transition in between changes being made within their accounts.

Jack is not registered with Osaic Wealth.