Back to basics on digital assets

Digital docs

A back-to-basics session providing you with guidance on what the best practices are for dealing with a client who has digital assets.

This session will provide you with guidance on what the best practices are for advising a client who has digital assets.

This session was split into three key areas:

1. Digital assets: what are the solicitor’s responsibilities? What do solicitors need to advise clients / executors? Our speakers discussed the risks associated with holding digital assets for executors and the valuation of assets when reporting to probate

2. Crypto as a property asset: what to do if there is a potential hacking and making sure you get the crypto from the client to the executors when a person has died.

3. Law Commission’s report: recommendations for reform and development of the law relating to digital assets and next steps.

Speakers included:

  • Chair: Elizabeth Gibbison, Associate Solicitor, Irwin Mitchell LLP and Member of the Law Society’s Private Client Solicitors Section Advisory Committee
  • Leigh Sagar, Barrister, New Square Chambers
  • Rory Carter, Senior Associate, Forsters LLP
  • Akber Datoo, CEO and Founder, D2 Legal Technology
  • Stephen Moses, Managing Director, Zenplans

This event took place on 28 September 2023.

 

 

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