Delaware has enacted the “Fiduciary Access to Digital Assets and Digital Accounts Act” which is based off of the Uniform Fiduciary Access to Digital Assets Act (UFADAA). The law gives heirs and executors authority to control digital accounts and devices just like physical assets. As it stands, the law only covers individual residents of Delaware and not companies incorporated in the state.
See Cyrus Farivar “Delaware becomes first state to give executors broad digital assets access” Ars Technica (August 18, 2014)
Posted by Ryan Moore, Associate Editor, Wealth Strategies Journal