What is data inheritance?

This is similar to inheritance of a physical asset such as a book, or money. In this case you are choosing the people you want to take ownership of, or simply have access to, your digital files and documents.Empowers you to pick and choose who can access your documents.  There Granular Assignee allocation and Beneficiary […]

Do I need an estate attorney if I use your service?

Clocr provides products and services that complement traditional estate plans and are designed to be used in conjunction with representation by an estate planning attorney.  Clocr provides the expertise, tools, and services for the specific purpose of helping with your digital assets. We do not provide legal advice of any kind, but we can help […]

What can be shared after death?

The law has a long way to go to catch up with our use of technology. While states are slowly taking steps to define the legal standing of a digital executor, the burden remains on each of us to inventory our digital assets and ensure access for a smooth transition or risk losing these assets […]

What can be shared after death?

The law has a long way to go to catch up with our use of technology. While states are slowly taking steps to define the legal standing of a digital executor, the burden remains on each of us to inventory our digital assets and ensure access for a smooth transition or risk losing these assets […]

Are Digital Asset laws the same in all 50 US states?

No, however when you set up an online account, you are initially presented with a “clickwrap agreement.” These are the Terms of Use and the conditions upon which the account is offered. In order to use the service, the user must click an “Agree” or “Accept” button. While each site’s clickwrap agreement contains different provisions, […]

Do I own my digital assets?

Yes, and no.  Most Digital Assets have a property right (“ownership”) component as well as a licensing element (your use of the website or service) and it is important to understand the difference.

Why is it so important to identify my Digital Assets?

As online activity increase, and digital filing systems becomes mainstream, it is becoming more difficult to keep track of all of our accounts and where different items have been saved.  Creating a list of these assets, along with designating the people you trust to manage them should you become incapacitated or die, ensures that your […]

Do digital assets have value?

Some digital assets do have monetary value, such as a website with sales or advertising revenue or an online bank account.  However, most digital assets (photos, for example), regardless of their personal or sentimental meaning, do not have a real monetary value.

What is an Estate Plan for Digital Assets?

Simply put, an Estate Plan for Digital Assets allows you to organize your online accounts (email accounts, banking or brokerage logins, social media, etc) and then designate the person, or people, who you want to control or have access to those accounts after your death.  Having a plan avoids confusion and stress for those left […]