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LATEST NEWS & EVENTS Digital assets 'forgotten in wills'  Millions of pounds a year is at risk of being lost because people forget about their online bank accounts and digital music collections when thinking about wills and inheritance tax planning. This is the finding of a poll from Remember A Charity, which has found despite 80 per cent of people owning digital assets, just nine per cent have thought about how they will be passed on when they die. Britain's digital music collections are worth hundreds of millions of pounds, and could be lost for good if they are not passed on. Meanwhile, encrypted bank accounts which are password protected can become inaccessible to executors. Rob Cope, director of Remember A Charity noted that bank accounts, music and photograph collections are increasingly stored online. He said the report shows people "should all take a moment to think about" how to pass on digital assets when looking at wills and inheritance tax planning. "As a nation we are incredibly charitably minded with 75 per cent of us regularly giving to charities in our lifetimes but only seven per cent of us currently leave charitable donations when writing a will," he added. It comes after the chancellor announced changes to inheritance tax to encourage more charitable giving. Posted by Paul Stevens 
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