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Directors of companies in England and Wales owe a number of duties to their company under the Companies Act 2006, such as to promote the success of the company, to act within their powers and to avoid conflicts of interest.
With our lives getting increasingly entwined with digital technologies and the online world, digital assets are fast becoming impossible to ignore.
From social media and email accounts to cryptocurrency and photographs, digital assets are now an important part of people’s lives.
When someone dies without making provision for access to their digital assets after death, it can pose a difficult challenge to loved ones and your Executors.
Therefore, the need for people to manage their online life so that it can be administered after their death is becoming increasingly important.
So, how can you make this easier in your lifetime at an already distressing time for those that you leave behind?
