Bivas
What happens to your virtual account or data after your death? Law of Inheritance of data in India |
Bivas Chatterjee 20 Jul 2019

What happens to your virtual account or data after your death? Law of Inheritance of data in India |

What happens to your virtual account or data after your death? Law of Inheritance of data in India |

What happens to your virtual account/ digital asset or data after your death? Law of Inheritance of digital data or  Law of inheritance of digital asset is an important legal issue today. The all important question is can we make an Will of our digital asset or bequeath the same in favour of our heirs.......specially when our law dealing with data namely Information Technology Act has from its purview barred Will and other documents, morefully mentioned in the Schedule I of the Act. If we live, if we come to this world the death is tagged with our life so everybody has to go, everybody has to die, but we do not want to accept that. The most important point is, now the time has come to think about what will be the fate of your digital data after our death and how much our legal heirs will going to enjoy your digital asset just like other assets. What is the law of inheritance of digital assets in India, how those assets be inherited by our heirs, when we will no longer be there. As if we can make a will of our movable and immobile physical assets then why not we're going to make a will or if we're not going to make an will then what will be if and if we dies and if we die without making any will of our digital assets so what will be the fate of our data and digital assets. 

The most important point is now the time has come to think about what will be the fate of your digital data after your death and how much your legal heirs will going to enjoy your digital asset just like other assets. The fate of our Facebook account or our online banking accounts or our every kind of online social sites accounts, our virtual accounts, our virtual activities, that accounts and the data, the private and secure data, the digital currency, the digital assets in many ways, and what are the safeguard so that your data, your private data your acquired data, which you are the owner and these online social service provider are only the custodian.

In this video the details of Adhaar and Income Tax return were discussed as to the dealing with the data by heirs…..as well as how the Help Centre of google and Facebook has tried to solve the issue. In the legal side the conflict that IT Act does not apply in case of Will and there lies the controversy between the Law of inheritance in India and IT Act…..the need for planning of digital asset is the need of the hour, just like the other existing physical assets…but we need specific law to that effect.

 

In the video mentioned in the link will provide us with the details of what I have mentioned above and many more.....so enjoy watching the same.......What happens to your virtual account or data after your death? Law of Inheritance of data in India |



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