FADADA

On January 1, 2015, Delaware’s new Fiduciary Access to Digital Assets and Digital Accounts statute (“FADADA”, 12 Del.C. § 5001 et.seq.) went into effect.  This statute is meant to address the difficulties that fiduciaries—trustees, guardians, executors, powers of attorney, to name a few—face when attempting to handle digital assets and accounts in connection with the performance of their duties.  Section 5002 of FADADA defines “digital accounts” and “digital assets” quite […]