Electronic Money as Part of an Inheritance

Abstract

Target: the purpose of the article is to study the legal status of electronic money as an object of inheritance. The relevance of the study is due to development of electronic money transactions, so a question occurs about inheritance of electronic money. Results: as the result it has been established that not electronic money or electronic payment instrument are inherited, but the right to refund the balance of electronic money. In addition, there is the problem with inheritance of electronic money from unidentified electronic payment instruments. Conclusion: the author concludes that the features of the legal regulation of the inheritance of electronic money are due to functions of electronic money in an economic system that determine by the political grounds.