The Impact of Digitalization in Inheritance Law

This article examines the emerging challenges and opportunities in regulating digital inheritance and trust management of digital assets. As individuals accumulate valuable digital assets, including cryptocurrencies, social media accounts, and online intellectual property, traditional inheritance frameworks are struggling to adapt. This study employs a comparative, interdisciplinary approach, integrating classical inheritance doctrines, modern digital asset theories, and principles of trust law. Key findings reveal significant gaps in current legal frameworks, particularly regarding asset identification, access rights, and jurisdictional authority. The study proposes a comprehensive digital trust framework encompassing ownership rights, trustee roles, jurisdictional considerations, data privacy, and liability limitations. Recommendations include new regulations for digital executors, formalized digital asset estate planning, and mechanisms to protect ownership interest’s post-mortem. This research contributes to the emerging field of digital inheritance law by offering both theoretical grounding and practical guidance for policymakers and legal practitioners navigating this rapidly evolving landscape.

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Publication Details

Journal
Qubahan Academic Journal
Published
2024-08-16
DOI
https://doi.org/10.48161/qaj.v4n3a863
Citations
7
Primary Topic
FinTech, Crowdfunding, Digital Finance
Type
article
Field-Weighted Citation Impact
3.70
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article

The Impact of Digitalization in Inheritance Law

Nilufar Kh. Rakhmonkulova, Odilbek Khazratkulov, Akmaljon A. Akramov, Nodira R. Rustamova et al.
7 citations
Qubahan Academic Journal
FinTech, Crowdfunding, Digital Finance
3.70
article

The Impact of Digitalization in Inheritance Law

Nilufar Kh. Rakhmonkulova, Odilbek Khazratkulov, Akmaljon A. Akramov, Nodira R. Rustamova, Elnora E. Inamdjanova, Diyora I. Imamalieva, Shakhzoda R. Tuychieva, Sayidkomil Ibodullaev, Shokhrukh Khamidov, Azamat E. Ergashev
article en
7 citations

Abstract

This article examines the emerging challenges and opportunities in regulating digital inheritance and trust management of digital assets. As individuals accumulate valuable digital assets, including cryptocurrencies, social media accounts, and online intellectual property, traditional inheritance frameworks are struggling to adapt. This study employs a comparative, interdisciplinary approach, integrating classical inheritance doctrines, modern digital asset theories, and principles of trust law. Key findings reveal significant gaps in current legal frameworks, particularly regarding asset identification, access rights, and jurisdictional authority. The study proposes a comprehensive digital trust framework encompassing ownership rights, trustee roles, jurisdictional considerations, data privacy, and liability limitations. Recommendations include new regulations for digital executors, formalized digital asset estate planning, and mechanisms to protect ownership interest’s post-mortem. This research contributes to the emerging field of digital inheritance law by offering both theoretical grounding and practical guidance for policymakers and legal practitioners navigating this rapidly evolving landscape.

Qubahan Academic JournalVol. 4(3)
Tashkent State University of Law (UZ), National Pedagogical University of Uzbekistan named after Nizami (UZ)
Peace, Justice and strong institutions
Openalex Percentile: Top 6%
FinTech, Crowdfunding, Digital Finance
3.70
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The Impact of Digitalization in Inheritance Law — Nilufar Kh. Rakhmonkulova, Odilbek Khazratkulov, et al. · Qubahan Academic Journal (2024) | TGRS Research Map | TGRS