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Fundamentals of an E-Will

By Nishant Ahlawat Techno Legals LLP Introduction In my last write up I discussed issues with respect to an individual’s usage of computing devices, internet, technology, valuable /commercial aspect attached to such usage and effect of such individuals death on assets so created. I further inferred and suggested importance of creating an exhaustive ‘E-Will’ defining how and to whom assets so created by an individual user shall be transferred after life time of such a user. Departing of a loved one is always a very rough time and experience for bereaved family and relations. In absence of a defined structure and mechanism for transfer of rights to the belongings, properties and assets of such an individual, scenario becomes far more painful for such family and relations. Important Be it physical property/assets or virtual property, assets, data etc., it is always  advisable for every person who has attained majority to make a will or wills detailing and defining str...

What will happen to your virtual property after your life time?

By Nishant Ahlawat Techno Legals LLP Introduction Lately a lot of my clients have raised queries about getting legitimate access to virtual accounts and e- properties of their deceased loved ones. Analyzing these queries I intend to explain the complexity and solution to simplify legal and practical issues so emanating out in form of a virtual property will. In today’s world use, of computers, storage devices and software(s) is no more an option or utility but a necessity. While this virtual reality opens gateway to new form of user experience(s), gaming, data depositions, creative, social interactions and revenue generation models it also calls for an interpretation of existing laws from a new spectrum. Virtual Property Have you ever thought why you are able to access large number of virtual/ internet services for no cost at all?  The answer lies in their usage by large number of users including you. Knowingly- Unknowingly not only you contribute to increased val...