Table of Contents
Overview5
What is a Digital Asset?5
Why Plan?6
| Financial Assets | 6 |
| Photos, Websites, Books and Videos | 8 |
| Email and Social Media | 9 |
| Meta (Facebook) / Twitter (x) | 9 |
| ITUNE Songs, Games | 10 |
Ownership vs. Access10
Digital Estate Planning12
| Identify | 12 |
| Document | 12 |
| Secure Storage | 13 |
| Identify a Fiduciary | 19 |
| Authorize a Fiduciary | 20 |
Legal Environment20
| 3 Tiers | 25 |
| Tier 1 | 25 |
| Website Hosts | 28 |
| Photo Sharing Sites | 28 |
| Tier 2 | 28 |
| Third Tier | 28 |
Identity Theft and Hacking30
Conclusion:30
Review Questions31
Review Answers and Feedback32
Glossary34
Index35
Course Details
Author: Joseph P. Helstrom, CPA
Joe has over 30 years of experience as a CPA in both public accounting and industry with extensive experience in financial reporting and analysis, treasury, tax, information technology, legal and regulatory matters and strategic planning. After graduation from Butler University with a degree in Accounting, Joe got his start at Ernst & Young and, subsequent to that, has served as Chief Financial Officer, Director of Treasury and Tax, Controller and Manager of Financial Planning, Reporting and Analysis for several different companies.
Publication/Revision Date: 9/6/2024
Course Exam Questions (online): 5 (multiple-choice)
Program Delivery Method: NASBA QAS Self-Study
Available Formats of Course Text: Downloadable PDF, Printed/Mailed
Course Level, Prerequisites, and Advance Preparation Requirements
| License | Course Level | Prerequisites | Advance Preparation Requirements |
|---|
| CPA | Overview | None | None |
* This program is appropriate for professionals at all organizational levels.
Sponsor ID Numbers
National Registry of CPE Sponsors I.D.: 107615
State CPA Board Sponsor ID Numbers (where applicable)
Florida Division of Certified Public Accounting: 0004761
Hawaii Board of Public Accountancy: 14003
New York State Board for Public Accountancy: 002146
Ohio Accountancy Board: CPE .51 PSR
Pennsylvania State Board of Accountancy: PX178025
Texas State Board of Public Accountancy: 009349
Learning Objectives
As a result of studying the course material, you should be able to meet the objectives listed below:
- Recognize the difficulty in accessing digital assets of a deceased person.
- Identify digital assets.
- Identify critical components of digital asset planning.
- Recognize the difference between owned and leased digital assets.
- Recognize the approaches corporations and states are taking with accessing digital assets of deceased individuals.
