4 Important facts about Adoption and Estate Planning
Adoption and Estate Planning: November is National Adoption Month. In this post, you will learn how Adoption affects your Estate Plan. By now, you must be knowing that any life event calls for a change in your Estate Plan. Adoption is one such life event that needs updating your Estate Planning. Around 135,000 children are […]
What is a Digital Will?
A Will is no longer a legal document to pass your worldly possessions. Digital Wills are wills that determine the fate of a person’s Digital Assets once they die. In the digital age, making arrangements for what must happen to an individual’s Digital Assets is as important as making arrangements for their physical and tangible […]
Why your Executor might need access to your Digital Assets
After you die, the Executor of your Estate might need access to your Digital Assets. In most states, Executors and Legal Authorities cannot access your Digital Assets unless you have made specific arrangements for them to access it. You can leave instructions as to who must handle your Digital Assets and what must happen to […]
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 […]