3 Points To Remember While Creating Estate Plan For Crypto Assets
Cryptocurrency is getting popular among all generations of people but when it comes to securing and planning for Crypto Wallets and Exchange accounts, most people find themselves perplexed by the process to start with an Estate Plan for Crypto Assets. With a market value of $3 trillion in 2021 which is estimated to increase to […]
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 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 […]
How To Use Trust To Avoid Probate For Cryptocurrency
Cryptocurrency has emerged as a new medium of exchange that provides security and ease of transaction with no government intermediaries. Considered a Digital Asset, it is easy to pass on your Cryptocurrency accounts and funds to your family following your demise or incapacitation. There are many ways to do this, you can tell your trusted […]
How To Close The Bitly Account Of A Deceased Person?
The tragic death of a loved one usually leaves us in disbelief, trying to make sense of this sudden loss. That is especially the case when the deceased is an avid social media user. But don’t dwell on the past and forget about Bitly. The Bitly account of a deceased person is often put in […]
