In the midst of the ongoing pandemic, there has been a significant increase in the management of digital assets within Vermont trusts and estates. With more people turning to online platforms to store their valuable information, estate planners and trustees are facing new challenges in ensuring the proper handling of these assets.According to a recent study conducted by the Vermont Trust and Estate Law Association, nearly 70% of estates in the state now include digital assets such as cryptocurrency, social media accounts, and online banking accounts. This marks a sharp increase from just five years ago when digital assets were relatively rare in estate planning.One of the main concerns for estate planners is the issue of access to these digital assets after the owner passes away. Unlike physical assets, digital assets are often protected by complex passwords and security features, making it difficult for heirs and trustees to access and manage them. In response to this challenge, many estate planners are now recommending the use of password managers and digital asset management services to ensure a smooth transfer of these assets.In addition to digital assets, the pandemic has also highlighted the importance of advance directives and healthcare proxies in estate planning. With the ongoing health crisis leading to increased hospitalizations and medical emergencies, many Vermont residents are making sure their wishes are clearly outlined in legal documents to avoid any disputes among family members.Furthermore, the rise of remote work and online communication has made it easier for individuals to create and update their estate plans without the need for in-person meetings. This has led to a surge in the use of virtual consultations and electronic document signatures, making the estate planning process more convenient and accessible for Vermont residents.Overall, the shift towards digital asset management and the emphasis on advance directives in estate planning reflect the changing landscape of trusts and estates in Vermont. As technology continues to evolve and the pandemic reshapes the way we live and work, it is crucial for estate planners and trustees to adapt to these new challenges and find innovative solutions to safeguard their clients' assets and wishes.