Who Will Inherit Your Digital Assets?
Over the years our lives have transitioned to a Digital First lifestyle. As a result, many institutions are part of our digital life. For instance, online banking, social media account, and online shopping are part of our digital first life. These assets are intangible and are collectively known as Digital Assets. Today, a considerable part […]
How To Prepare Digital Legacy Plan For Influencers
In the 21st century, and in particular the last decade, globalization has occurred on an exponential scale thanks to the internet. Nowadays, you can find answers to almost any question you have. For entertainment as well as knowledge, the World Wide Web is the place to go. As the internet has grown, so has the […]
Which Documents Are Advance Directives?
Imagine you’re hospitalized and in a critical condition. Your family members are agonizing over what medical procedure to go through with. You are not even able to give an input into what treatment option you prefer. How can you prepare for such a case and ease this heavy burden from your family members by making […]
How does Cryptocurrency impact Estate Planning?
With the increasing investment in Cryptocurrency, people are trying to figure out ways to ensure the security of their funds and Wallets. Stories of losing huge funds stored in Cryptocurrency accounts have made people interested in guarding this asset through an Estate Plan. The difference between Cryptocurrency and other tangible assets in terms of access, […]
Challenges In Estate Planning With Cryptocurrency
Cryptocurrency has seen continuous rises and dips in value since its inception but the human desire to be in total control of financial funds has never let it down in terms of popularity. People now understand that Cryptocurrency is a valuable asset(intangible) and like tangible assets need to be secured for the future. Individuals are […]
How To Delete The Apartment Therapy Account Of A Deceased Person?
When a person dies, their digital assets — such as email accounts, social media profiles, online banking, and financial accounts — can become stranded. It is because most online services have terms of service that prohibit the sharing of passwords or the transfer of ownership of an account to another person. As a result, the […]
Understanding Cryptocurrency and Inheritance
Cryptocurrency is a Digital Asset that is built on Blockchain technology and only has Online existence. Ledger is the term used for the computerized database that handles transaction records backed by Asymmetric Cryptography for security. Used for transactions online, the IRS(Internal Review Service) considers cryptocurrency as a financial asset. In this post you will learn […]
4 New Year Resolutions for 2022
It’s time to make your New Year Resolutions! You know the drill: Exercise more, eat better, and lose weight in some dimension. However, there are other aspects of our everyday lives that could use some improvement: protecting our digital assets, digital legacy, storing important documents and creating an emergency plan. New Year Resolutions are a […]
What Happens To Your NFTs And Crypto Assets After You Die?
Though most people might have at least thought about what happens to their physical assets once they pass away, the same importance is usually not given to their Digital Assets. With how ingrained technology is in our lives, it is time to start thinking about what happens to our Digital Assets when we die or […]
6 Essential Tools For Estate Planning
Creating an Estate Plan for your assets can be a tedious process. Some might not even consider making one. They believe that their assets aren’t valuable enough to be passed on via a will. The significance of Estate Planning is often undermined, and it’s only following the death of an individual that people understand its […]
