Under the Digital Assets Act, a \u201cdigital asset\u201d is broadly defined as \u201can electronic record in which the individual has a right or interest.\u201d\u00a0 The Digital Assets Act will permit a fiduciary \u2013 the executor or administrator of an estate, the trustee of a trust, the guardian and conservator of an incapacitated person, and the agent under a power of attorney \u2013 to manage the principal\u2019s digital assets such as computer files, web domains, and virtual currency.\u00a0 However, it will restrict a fiduciary\u2019s access to electronic communications such as email and text messages (the \u201ccontent of an electronic communication\u201d) and social media accounts, unless (more…)<\/span><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":" Effective July 1, 2017, Virginia will be repealing its current law relating to digital assets, the Privacy Expectation Afterlife and Choices Act, and will adopt the Uniform Fiduciary Access to Digital Assets Act, which will be codified as Virginia Code…<\/span><\/p>\n