Digital Passing is a blog covering the intersection between estate planning (planning for a person’s incapacity and death) and the digital world (passwords, online accounts, intellectual property, and other digital property).
The purpose of this blog is to introduce family members, fiduciaries (a guardian, conservator, executor, personal representative, trustee, agent acting under a financial power of attorney, etc.), and their advisors (a lawyer, accountant, financial advisor, etc.) to the types of digital property that they need to locate and access as they deal with a person’s incapacity or death. Planning ahead for passwords, online accounts, and digital property is essential to provide family members and fiduciaries full access to the accounts and digital property, keep administration costs down, provide a smooth administration, and ensure no valuable or significant property is overlooked.
This blog was created by and is maintained by James D. Lamm, a third–generation Minnesota estate planning attorney and the chair of the Trust, Estate & Charitable Planning group at the Gray Plant Mooty law firm in Minneapolis, Minnesota. Jim focuses his practice on estate planning, tax planning, family business succession planning, probate and trust administration, and charitable giving. He works with executives, entrepreneurs, professional athletes, high-net-worth families, and family offices to achieve family goals, pass on family values, and plan for family businesses. Jim is licensed to practice law in Minnesota, South Dakota, and North Dakota.
Jim Lamm is nationally known for his speaking and writing on advanced estate planning topics, and he has been interviewed and quoted by The Wall Street Journal, The New York Times, USA Today, The Washington Post, the StarTribune, the Boston Globe, The Seattle Times, The Hill, The Associated Press, Reuters, Forbes magazine, Intellectual Property Magazine, Barron’s, Bloomberg, InvestmentNews, Kiplinger’s, Morningstar, the Pew Research Center, Twin Cities Business, Minneapolis/St. Paul Business Journal, MSNBC, KSTP television, KMSP television, National Public Radio, and more. Jim is a fellow in the American College of Trust and Estate Counsel (ACTEC), he is the current chair of ACTEC’s Technology in the Practice Committee, and he was the founding chair of ACTEC’s Digital Property Task Force. Jim has also been an adjunct associate professor teaching an Estate Planning and Drafting seminar at the University of Minnesota Law School.
Jim blends a strong background in math, technology, and computer programming with his estate planning practice. He is a national thought leader in the area of estate planning for digital property, including a person’s online accounts, electronic data, intellectual property rights, Internet domain names, and virtual currencies such as Bitcoin. Jim coauthored the proposal for and actively participated in the drafting of the Uniform Law Commission’s Revised Uniform Fiduciary Access to Digital Assets Act.