Estate Planning for Digital Assets

On September 18, 2014, members and guests welcomed local attorney and director of advanced planning at Northwestern Mutual, William R. Hughes. He shared a presentation on estate planning for digital assets. Members can reference his outline in once logged in on this page.
Will Hughes is an attorney in the Advanced Planning group at northwestern Mutual. He assists and educates NWM's field force on all matters of estate planning and wealth transfer planning; estate, gift, and generation-skipping transfer taxes; fiduciary and personal income taxes; life insurance taxation; business planning; and buy-sell arrangements. Prior to joining NWM, Mr. Hughes was an attorney at Foley & Lardner LLP.
Mr. Hughes has been integral to establishing the Wisconsin Wills for Heroes program, a program designed to provide eligible emergency personal with free estate planning documents to protect themselves and their families. he is also a board of directors for the Milwaukee County Winter Farmers' Market and the Wile Space Dance Company.
Mr. Hughes is a member of the digital Property Committee of the Real Property, Probate, and Trust Section of the State Bar of Wisconsin. The Committee is tasked with drafting a Wisconsin version of the Uniform Law Commission's proposed legislation for fiduciary access to digital assets.
Mr. Hughes earned his law degree from the University of Iowa College of Law (J.D., with distinction, 2008), where he was note and comment editor for the Journal of Corporation Law. He is the author of "Stock Options Springloading: An Examination of Loaded Justifications and New SEC Disclosure Rules," 33 J. Corp. L. 777 (2008), for which he was awarded the Randy J. Holland Award for Corporate Scholarship. Mr. Hughes obtained his undergraduate degree in economics and finance from the University of Iowa Tippie College of Business (B.B.A., with honors and highest distinction, 2005).
Mr. Hughes is admitted to practice in Wisconsin and Iowa and to federal courts in the Eastern District of Wisconsin and the Seventh Circuit Court of Appeals.