What is a Contingent Beneficiary?
Estate planning plays an important role in everyone’s life to ensure that everything you’ve worked towards is taken care of exactly how you want even after you pass away. And adding contingent beneficiaries is an important part of your estate planning process. This lets the courts and your executor know what to do with your […]
Primary Beneficiary: Everything You Need to Know
Estate Planning plays an important role in everyone’s life – it is the only way to ensure your assets and loved ones are protected even after you pass away. However, this can be possible only if you name beneficiaries or primary beneficiaries in your estate plan. What you’ll learn: What is a primary beneficiary? Why […]
Estate Planning Awareness Week, 18-24 October 2021
National Estate Planning Awareness Week falls between the 18th to 24th of October this year. It is a public campaign to create awareness about Estate Planning and help people understand why it is important to plan for their estates. According to a Wills survey conducted by caring.com in collaboration with YouGov, though the Covid-19 pandemic […]
How to leave Digital Assets through a Will
In this post, you will learn about: Digital Assets that can pass through your Will Digital Assets that cannot be included in your Will Digital Assets is a set of digital properties you own. This can range from social media profiles to email accounts to documents stored in cloud to online shopping accounts and frequent […]
Breast Cancer Awareness Month: Estate Planning and Breast Cancer Diagnosis
The 1st of October marks the beginning of National Breast Cancer Awareness month. A cancer diagnosis affects every aspect of your life and not just your health. Your savings might get depleted due to expensive treatments. Then there is the question of life expectancy, life insurance and estate planning. After diagnosis, your immediate focus would […]
3 Questions to ask yourself before creating an Online Will
Setting up a Will is the most important part of planning for your death. The cost of drafting the simplest of Wills can cost you around $150 – which is quite a reasonable amount. But what if you want additional Estate Planning documents along with your Will? It will surely cost you $1000 at least. […]
How to Prepare a Digital Estate Plan for Future Caregivers
A Digital Estate Plan exclusively crafted to handle or manage your Digital Assets can help save your loved one’s time, especially in their tough times. A Digital Estate Plan for Future Caregivers involves planning for your Digital Assets and leaving instructions as to what must happen to your online accounts in case of incapacitation. This […]
Digital Estate Planning 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. There are many such stories where the next-of-kin had to fight […]
What is a Digital Estate Plan and how to create one
In this post, you will learn: What is a Digital Estate Plan How to create a Digital Estate Plan What is a Digital Estate Plan? A Digital Estate Plan is an Estate Plan specifically for your Digital Assets. The first step to create a Digital Estate Plan is understanding what Digital Assets are and realizing […]
Make a Difference Day Special: Plan for your future and make a difference in your life today
23rd of October, 2021 is celebrated as Make a Difference Day. It is amazing how a small effort by an individual or a group of individuals can create a lasting impact on many lives. We are familiar with how random acts of kindness to a stranger or volunteering at a local shelter can bring a […]
