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In today's digital age, our online lives have become an integral part of our identities. From social media accounts to email inboxes, digital assets hold significant personal and sentimental value. Furthermore, social media has emerged as a powerful tool for individuals and businesses to generate income. Therefore, it's essential to plan for the management and distribution of these assets in the event of incapacity or death. This blog aims to help you consider the digital assets you have and how to include them in your estate plan. Understanding Digital Assets Digital assets refer to a diverse array of online possessions, which include: Social Media Accounts: Platforms such as Facebook, Instagram, Twitter, and others. Email Accounts: Services like Gmail, Yahoo, Outlook, and similar. Online Banking and Investment Accounts: Options including PayPal, Venmo, Robinhood, and others. Digital Photos and Videos: Media stored on cloud services or local hard drives. Digital Documents:...

Starting a business can be both exhilarating and overwhelming. While you're focused on building your product or service, it's crucial to navigate the legal landscape to avoid costly mistakes. This article will delve into the top 10 legal  mistakes often made by startups and offer practical prevention practices. 1. Neglecting Intellectual Property Protection A common legal mistake startups make is failing to protect their intellectual property (IP). Your IP is a result of your creativity and innovation and your company's most valuable asset. It's essential to safeguard it from infringement. These assets can be protected by law to give their owners exclusive rights to use, exploit, and profit from them. Types of intellectual property include: Patents: Protect inventions and processes. Trademarks: Protect brand names, logos, and slogans. Copyrights: Protect original works of authorship, such as books, music, and software.   Trade secrets: Protect confidential inform...