23 Nov Why digital assets should be a part of your estate plan
If you check your phone right now we bet you have at least one of the following installed: a loyalty program app to collect points every time you shop, a social media app to stay connected with your friends and family, and a music app to listen to your favourite tunes.
Digital apps and social media have become a mainstay of our everyday life, but have you ever thought of them as actual assets that are worth big bucks? Experts estimate that by 2020, the average Canadian will accrue digital assets valued at more than $10,000 over their lifetime. If you ask consumers, they place an average value of $37,438 on their digital assets across their devices, with people in the U.S. valuing them even higher, at close to $55,000.
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