New Act on Digital Assets

S.B. 320 was signed into law by Governor Wolf on July 23, 2020, becoming Act 72 of 2020.

S.B. 320 enacts the Revised Uniform Fiduciary Access to Digital Assets Act as Chapter 39 of the Probate, Estates and Fiduciaries Code, 20 Pa.C.S. Ch. 39, generally effective in 180 days.

The enactment of Chapter 39 will affect the preparation of wills, powers of attorney, and perhaps even trust documents, as explained in the article “Fiduciary Access to Digital Assets.”

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