Pennsylvania’s New Revised Uniform Fiduciary Access to Digital Assets Act
By EsqSocial Corporation 05/01/21
On July 23, 2020, Governor Wolf signed Act 72 of 2020, the Revised Uniform Fiduciary Access to Digital Assets Act (Act 72). Developed by the Uniform Law Commission, Act 72 provides fiduciaries, such as executors, guardians, trustees and agents under powers of attorneys with legal authority to manage the digital assets of deceased or incapacitated individuals. The new law adds new Chapter 39 to the Pennsylvania Probate, Estates & Fiduciaries Code (PEF Code). Act 72, which is modeled after a...
By: White and Williams LLP