The Estate & Asset Protection Law Firm Founder, Victoria L Collier, Writes About Challenges The Legal Profession Faces With Digital Assets
Estate & Asset Protection Attorney, Victoria Collier offers excerpts from a presentation made by the firms’ legal digital asset expert, George Ligon, to illustrate the challenges the digital world poses to the legal profession.
DECATUR, GA, October 22, 2019: Victoria L. Collier, founder of The Estate & Asset Protection Law Firm, has posted a new article on her law firm’s website entitled “Legal Challenges In A Digital World,” in which Ms. Collier shares insights about valuable assets that may be unprotected in a majority of estate and asset protection plans.
Collier writes, “Yes, we do still live in a material world as Madonna, the “material girl” so lyrically pointed out in her very popular song from the 1980’s.” She continues, “However, we also live in a digital world.” “That’s right,” she says. “And the digital world is growing and gaining in importance in ways we can barely imagine,” writes Collier, adding, “Most people are keenly aware of material assets yet are not remotely aware of the nature and value of their digital assets.”
According to Collier, “How to access, protect and distribute digital assets legally if someone should become impaired or die is the topic of many a legal discussion.(You can listen to a discussion between myself and our digital expert, George Ligon here: https://businessradiox.com/podcast/seniorsalute/digital-asset-administration/).” She goes on to say, “And I must admit that the legal world is being challenged to pace with this new world we live in.” Of course, there are exceptions as Collier points out. “There are some law firms that are keeping pace, though, and I like to think that ours is among them. George keeps us up-to-date on the digital world as well as other attorneys through his informative educational presentations.”
“As George often points out,” says Collier, “most attorneys aren’t even quite sure how to define digital assets. I’m sharing excerpts from a presentation George makes to attorneys to help bring them up to speed.” Collier adds, “It is my hope that by gaining some insight into the challenges attorneys are facing in this new digital age, you will come to understand that you may need to review and update your current legal documents to appropriately include digital assets.”
After sharing Mr. Ligon’s excerpts, Collier states, “What people don’t understand is that everyday things in the digital world are overlooked assets. Digitally stored photographs and videos, Facebook accounts, airline points unpublished works of art. The list goes on.”
The entire article can be read at https://www.elderlawgeorgia.com/articles/legal-challenges-in-a-digital-world/
About Victoria Collier
Victoria L. Collier, CELA founded The Estate & Asset Protection Law Firm to serve the legal needs of seniors when their health care needs increase. Victoria is also Co-Founder of Collier Scott Financial Solutions, LLC. At both firms 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.
Victoria enlisted in the U.S. Air Force during Desert Storm, 1989-1995, and also served in the U.S. Army Reserves, 1Lt. 2001-2004, JAG Corps. Victoria is a national expert on the VA Wartime Pension for veterans and their widows who need additional assistance with activities of daily living and helping them qualify for and receive tax-free income from the VA to pay for it. Victoria graduated from Valdosta State University with a B.A. in Psychology and then University of Nebraska, College of Law. In 2014, Victoria was awarded with the Alumni Master Award from the University of Nebraska.
Victoria is a Certified Elder Law Attorney through The National Elder Law Foundation and has been named as the only attorney in Georgia as “Fellow” of the National Academy of Elder Law Attorneys (NAELA). Victoria was appointed by Governor Perdue to the Georgia Council on Aging, 2010 – 2016 and was awarded Dekalb County Veteran of the Year, 2013. She is the author of 47 Secret Veterans Benefits for Seniors; Paying for Long Term Care – Financial Help for Wartime Veterans: The VA Aid & Attendance Benefit. Victoria has co-authored several books: Blooper Episodes in Estate Planning, Don’t Go Broke in a Nursing Home, and Protect Your IRA: Avoid the 5 Common Mistakes. Most notably, Victoria co-authored the National Best Seller, The Road to Success, with Jack Canfield, author of Chicken Soup for the Soul series.
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. Victoria Collier has grown her law practice and financial services practice by providing excellent customer satisfaction with personalized wealth protection plans.