If your estate plan or other written instructions do not designate who will have access to your digital assets upon your death or incapacity, the person who is responsible for your earthly estate may have little or no access to your property in the cloud.
In the digital world we live in, most people own a trove of digital assets. From bank accounts to Facebook, PayPal and more, a significant part of our personal and financial lives is online. Digital assets can include digital photos, social media accounts, websites, emails, text messages, backups to the cloud, and the like.
In 2016, Arizona adopted the Revised Uniform Fiduciary Access to Digital Assets Act (FAADA). Under FAADA, a fiduciary or person with legal authority (trustees, personal representatives, and agents under powers of attorney) has the ability to access and distribute the digital assets of the deceased or incapacitated person to whom they have a fiduciary duty.