Marlee Viero

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318 appearances 1 recordings 1 series first heard Jul 2021 last heard Jul 2021

Marlee Viero’s voice in public audio — every appearance, attributed to the second.

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Australian Finance Podcast · Wills & Estates: Your crash course guide from Nest Legal · 26 Jul 2021 podcast

And you have an obligation to provide for certain people in the eyes of the court.

So if a claim were to come up.

So, yeah, you're morally obliged to provide for a spouse and children as well.

I mean, you could, but you're potentially leaving your executor and your family with a bit of a headache once you pass away.

Yeah.

Yeah, totally.

So I guess digital assets are so important and it is often overlooked, I find.

If you've got a phone, if you've got an email account, if you've got Netflix, you've got digital assets.

I guess the best way to deal with digital assets is firstly to have a clause in your will that actually deals with them.

And secondly, a digital assets register to accompany that.

So in your digital assets register, you'd say things like what you want to happen to your Facebook account, what you want to happen to your cryptocurrency, who

who should be looking and checking your emails and all kinds of things like that.

In appointing an executor, you can also appoint a separate digital assets register.

So you might say, I really want to appoint my mum as my executor, but mum's got no idea about digital things.

So I'm going to appoint my brother to look after that side of things.

And everything's also subject to all the terms and conditions of individual providers as well.

You know, you might say, I leave my expensive iTunes library worth

$10,000 to my best friend, but I don't know if iTunes will allow you to do that.

So there's lots of different things that can crop up there.

But the main things to consider with digital assets is sentimental value, like photos of your family, if you've got it on a Dropbox or something, financial value, certainly cryptocurrency, like you mentioned earlier, and maybe even PayPal accounts and anywhere that you have important information stored online.

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