Although numerous states have studied and introduced legislation adopting the Uniform Fiduciary Access to Digital Accounts Act, only three have adopted it thus far. The first was Delaware, which adopted the model digital assets law on August 12, 2015, effective January 1, 2015. Oregon became the second state to adopt the uniform law, when the
Digital Assets
Preparing for a SharePoint 2016 migration
Many organizations are considering an update to their existing SharePoint environment in 2016. This is largely due to new functionalities being offered with SharePoint 2016, especially if the organization is still running SharePoint 2010 or later. With that said, a well thought out migration strategy is key to the success of this project.
Let’s consider…
Privacy Tip #10 – What are digital assets and why should I care?
Your digital life and assets can include online music, photos, social media accounts, gaming winnings, and the like. But most of us don’t look at these items as assets that we should think about and plan for when we pass away.
But when you pass away, your heirs and/or executor has to deal with digital…
Uniform Law Commission revises the Uniform Fiduciary Access to Digital Assets Act
The Uniform Law Commission (ULC) adopted the Uniform Fiduciary Access to Digital Assets Act (UFADAA) in July 2014 to better align state laws with the virtual reality of modern economic and social life. Under the UFADAA, fiduciaries had the same access to digital assets as they did for tangible assets, but only for the limited…
Back to Basics: Low tech tips to alleviate high tech headaches
It’s easy to get lost in the abyss of technical jargon when discussing Electronically Stored Information (ESI). However, good information governance, which is one of the cornerstones of data privacy and security, doesn’t have to be complicated. Adherence to a few simple “good housekeeping” principles will go a long way toward minimizing the creation of…
Data Detecting Dogs: The FBI’s Newest Tool in Fighting Cyber-Crime
The FBI’s latest weapon in locating electronic evidence is not a computer program, it’s a dog. The FBI is using data-sniffing dogs in raids to cut down on the time it takes agents to locate small hidden data storage devices.
The FBI has used one such specially-trained dog, Bear, a number of raids to look…
Encryption: What is it, Why do it!
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Connecticut General Assembly fails to pass Digital Assets Act
In its most recent legislative session, which ends this month, the Connecticut General Assembly failed to pass Connecticut’s proposed version of the Uniform Fiduciary Access to Digital Assets Act (UFADA). Fiduciaries are charged with the responsibility to collect, protect and preserve the assets of a deceased or incapable individual. In modern life, electronic and digital…