Will vs. Trust: Everything You Need to Know

Wills vs. Trusts: Everything You Need to Know

Almost everyone has heard of these estate planning tools: will and trust. Both of them are used to pass on assets to your beneficiaries. While it might seem like a will would be better for you, at other times you might prefer to create a trust… or maybe both? But before we get to that, […]

Can You Include Online Passwords in Your Will?

Should You add online passwords to your will?

In an increasingly digitized world, your assets are also increasingly digitized: social media accounts, banking accounts, currency, subscriptions, blogs and vlogs, online photo storage, etc. And this means you need to start considering adding them to your will.  But, creating a will for your online accounts is just not enough. For your wishes to be […]

How to Manage Digital Assets in The UK?

Digital estate planning for digital assets in the UK

With each passing day, more and more information about our lives enters the digital world. And we take as many steps as possible to protect these digital assets and accounts, either for their emotional or monetary value.  But what happens to them after we pass on? Unfortunately, not many people are aware of, or are […]

Estate Planning for Your Digital Assets in Canada

Creating estate plan for digital assets in Canada

Maureen Henry, a mother who lost her son in Ottawa, was granted complete access to her son’s social media accounts, where she thought she could find the answers to her son’s death. But this was a result of a two year battle in court. And there are many more such stories.   Yet, very few people […]

How to Pass On Values and Memories Through Your Will?

Passing On Family Values

Wealth and family valuables hold a major portion of most people’s estate planning process. The testator, usually, plans their legacy around passing on their tangible and digital assets after their death to still be a part of their loved ones’ lives. In this process, however, people forget something more important; they forget to pass on […]

What Does a Digital Will Do and How Can You Make One?

Creating a will

Almost everyone knows that they have to prepare a will to secure their assets before they pass on. But not many people know what it actually does. So, what is a will? A will is a legally binding document that expresses your final wishes. Your will is typically registered in a county court before being […]

What Digital Assets Can You Leave in Your Will?

Digital assets you can leave in your will

Digitalization has transformed our everyday life, and even the assets that we traditionally held as valuable have become digital! The average global citizen owns digital assets worth more than USD 50,000. These could include monetary, as well as sentimental possessions like subscriptions, online banking, cryptocurrency wallet, social media and email accounts, digital wallets, laptops, and […]

5 Things To Remember While Creating An Estate Plan For Your Online Accounts

Creating digital estate plan

Creating an estate plan for your online accounts helps you secure your digital estate and legacy. To make the perfect estate plan, you first need to locate your digital assets, leave instructions on what you want to happen to them, appoint an executor, and finally securely store your estate plan. (Read: How to create your […]

Why Start a Digital Legacy Plan Today?

Starting a Legacy Plan

Thorough digital legacy planning helps you ensure that your loved ones are secure even after your death. It is the legal and sureshot way to pass on your financial and digital assets. It guarantees that your beneficiaries do not face any issues in this regard.   Here are a few more benefits of creating a comprehensive […]

Why You Need A Will For Your Cryptocurrency And How You Can Make One

Will for Cryptocurrency

In 2018, the 30-year old CEO of QuadrigaCX, Canada’s largest cryptocurrency exchange, unexpectedly died. And it so happened that Gerard Cotten was the only person with access to the customer’s cryptocurrency wallets. Unfortunately, more than $135 Mn dollars of bitcoin was left stranded and inaccessible to the company. And this is just one such story.  […]