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Recent Blog Posts
Why Is Planning for Digital Assets in A Will or Trust Critical?
When we think about what goes in a Will or Trust we usually think about physical assets, such as property and family heirlooms. However, as time goes on and technology advances, more and more of our assets become digital. Before learning why digital assets are so important to put in your Will or Trust, you need to know what qualifies as a digital asset.
What Is a Digital Asset?
Digital assets are all assets that exist online. These digital assets may have tangible financial value, but they also may not. Some examples of digital assets may include:
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any of your social media accounts,
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pictures or music you may have online or in another digital form,
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online investment accounts,
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online bank accounts,
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funds you are owed by an online business (such as Amazon or Etsy),
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any type of virtual currency (bitcoin or other),
Gateville Law Firm
provides excellent estate
planning service.
"Sean's team is knowledgeable, responsive, and dedicated to ensuring clients feel confident in their decisions. Sean & Connie take the time to answer questions thoroughly, making complex legal matters easy to understand."
In Service of Your Wealth
If you own assets with a value in excess of $1 million, it is crucial to take steps to ensure that your wealth will be preserved and passed on to future generations. Failure to do so could lead to financial losses due to lawsuits, actions by creditors, or other issues. You will also need to be aware of potential estate taxes that may apply at both the state and federal levels. When working with our attorneys, you can make sure your wealth will be properly preserved.
Our estate planning team can provide guidance on the best asset protection options that are available to you. With our help, you can reduce the value of your taxable estate to ensure that more of your wealth will be preserved for future generations. We can also help you use asset protection trusts or other methods to make sure your property will be safeguarded. Our goal is to provide you with assurance that your family will be prepared for whatever the future may bring.
Blog
What Happens to Your Family Business When You Remarry in Illinois?
Posted on July 21, 2026 in Blended Family Estate Planning
Is a Spouse's Promise to Provide for My Children Legally Enforceable in Illinois?
Posted on July 15, 2026 in Blended Family Estate Planning
Can Family Heirlooms Cause More Conflict Than Money?
Posted on July 12, 2026 in Estate Planning
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520 E Kendall Drive, Suite C
Yorkville, IL 60560
630-780-1034
