Shannon Pawley, The Estate & Asset Protection Law Firm Owner, encourages the inclusion of digital assets in estate plans

DECATUR, GA, May ••, 2024: Shannon Pawley, Owner of The Estate & Asset Protection Law Firm, has posted a new article on the law firm’s website entitled “How to Protect Your Digital Assets in Your Estate Plan,” in which Ms. Pawley provides lists of digital assets and how to protect them in an estate plan.

As Pawley states, “We are without question living in a digital world.” She continues, “If you have a business, that business also has an online presence. You probably own domain names and may have online stores. Even if you don’t own a business,” Pawley writes, “you are likely to have one or more social media accounts. You may own music, movies, artwork and cryptocurrency.” Pawley asks, “Have you ever considered the financial value of these assets? Have you ever considered what would happen to these digital assets if you were to become incapacitated or die unexpectedly?”

According to Pawley, “Most people don’t think about what would happen were their digital assets to become inaccessible. In many cases,” she emphasizes, “digital assets could be valued in the thousands for individuals with movies, music, and artwork, up to multiple millions for businesses.” Pawley states, “These assets need to be protected like any other asset that you want to pass on after your demise.”

In Pawley’s professional opinion, “Everyone 18 years of age and above will be well-served by having an estate plan.” She elaborates, “We never know what will happen and it is far better to be prepared for the worst and know that your assets are protected than to be in a position where all your digital assets are lost. Your estate plan will protect all of your tangible assets like your home, real estate, automobile, boats.  Today, however more people have digital assets that they forget to protect.”

Pawley provides a list of what constitutes a digital asset and steps to incorporate these assets in an estate plant.

The entire article can be read by CLICKING HERE

About The Estate & Asset Protection Law Firm

The Estate & Asset Protection Law Firm was established to serve the legal needs of retiring citizens. The Firm focuses its entire practice on providing strategies to protect independence, privacy, assets and taxes from the government. Shannon Pawley has grown her law practice by providing excellent customer satisfaction with personalized wealth protection plans.

About Shannon M. Pawley, J.D., LL.M

As the owner of The Estate & Asset Protection Law Firm, Shannon M. Pawley and her entire team share a passion which focuses on being able to serve the legal needs of retiring individuals. In our firm, WE BELIEVE that people should not have to lose everything they’ve worked a lifetime to earn and that every person is an individual who deserves respect and the highest quality of life possible, regardless of age or ability.  We also believe that privacy and protection are the keys to personal peace. Born and raised in the Tidewater area of Virginia to a tightknit family with strong military service roots, Shannon learned from an early age the value of hard work and the importance of social awareness to ensure you always leave a situation in a better place than how you entered it.  In her junior year of high school, Shannon served as U.S. House of Representatives Page during the 101^st United States Congressional Session in Washington, D.C.  This experience exposed her to numerous new cultures and worldly issues.  Walking away from her experience as a U.S. House of Representative Page, Shannon knew that she wanted to pursue legal studies and be able to assist others in obtaining the best results available in difficult situations.

Shannon earned her undergraduate degree at North Carolina Wesleyan College and pursued a law degree from Michigan State University College of Law.  After obtaining her law degree and becoming a licensed attorney in Michigan, she continued her educational pursuit by acquiring a LL.M. (Master of Law) in Taxation from Wayne State University. After moving to Georgia in 2018, Shannon obtained her Georgia law license and has enjoyed being able to pursue her desire of ensuring persons are able to age with dignity, grace and independence.