“Americans’ financial lives are going digital. And, for the most part, the law has begun to recognize this development. Digital signatures are now routinely accepted for commercial transactions, and electronic records are granted the same legal effect – and electronic contracts the same enforceability – as paper records. This trend applies to many transfers of wealth upon death as well. A significant portion of Americans’ wealth is held in accounts subject to nonprobate methods of transfer, such as payable-on-death bank accounts and life insurance, which are increasingly managed online. Electronic wills, however, have yet to be widely recognized and have been excluded from current statute …” (more)
‘In re Estate of Horton – Michigan Court of Appeals Holds Electronic Document to be Valid Will Under Harmless Error Rule’ 132 Harvard Law Review 2082 (10 May 2019).
First posted 2019-05-10 15:14:39
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