What happens to virtual assets if I don't plan for them? | ScriptaLegal
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Frequently asked questions > Asset protection > The virtual patrimony > What will happen to my virtual assets if I planned nothing about this subject during my lifetime or before becoming incapacitated?

What will happen to my virtual assets if I planned nothing about this subject during my lifetime or before becoming incapacitated?

If you planned nothing during your lifetime or before the occurrence of incapacity regarding the fate of your virtual assets on the Web, the steps of your close relatives and heirs or of your mandatary to property with your different service providers, following your death or incapacity, can be tedious, time consuming and even costly, especially if you had several different accounts.

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In many cases, your close relatives and heirs or your mandatary to property can only ask for the closing of your accounts, without being able to access your documents, nor being able to recover them in order to hand them over to the liquidator of your succession, to your heirs or still, to repatriate them in your patrimony so that your mandatary to property can administer them.

In case of death, to comply with the requirements of some service providers, the confidentiality of certain information concerning the deceased could be compromised.

If you want to have total control over all your virtual assets, it is better to act while you are capable of doing so in order to decide the fate of your virtual assets or what will have to be done with these ones.

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