It’s a Whole New Digital World: Practical Guidance for Planning and Administering Digital Property
Topic: It’s a Whole New Digital World: Practical Guidance for Planning and Administering Digital Property
Presenter: Karin Prangley
About the talk: This program will focus on:
- Best practices for advising clients in the estate planning process on preserving and protecting digital property; best practices have evolved significantly over the last two-years and an important update will be shared.
- Practical guidance on how fiduciaries should manage digital property following death or disability
- IRS current positions on valuation of digital property and bitcoin.
Karin is responsible for trust operations and wealth planning services in the Chicago Private Banking office of Brown Brothers Harriman & Co. In this role, Karin assists high net worth clients with the development of comprehensive, generational wealth transfer planning strategies and coordinates their investment and estate planning objectives. She was previously a partner in the estate planning and administration group of Krasnow Saunders, LLP and an associate in the trusts & estates groups of Arnold & Porter LLP and Winston & Strawn LLP.
Karin is a Fellow of the prestigious American College of Trust & Estate Counsel. She currently serves as the Vice Chair of the T&E Practice Group of the American Bar Association’s Real Property, Trust & Estate Law Section. Karin also is the ABA Advisor to the Uniform Fiduciary Access to Digital Assets Act Drafting Committee. Since 2009, Karin has given over four dozen CLE presentations on estate planning and digital assets across the country, including to the American College of Trust & Estate Counsel, the Illinois Institute for Continuing Legal Education and the Heckerling Institute. She has also been quoted extensively in local and national newspapers and magazines and featured on WSBT and WBBM’s evening news for her views regarding digital assets and estate planning. She received a B.A. in Business, summa cum laude, from Mount St. Mary's University and a J.D. from the University of Virginia School of Law, where she was elected to the Order of the Coif and was published in the Virginia Tax Review.