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 […]
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 […]
8 Reasons Why You Need A Digital Estate Plan
Technology has increased the quality of life, and daily tasks have become more accessible. Communicating with a person living afar was challenging, but today you can communicate with people within seconds. Technological advancements in the medical field continue to save many people. The best thing about technology and its continuous progress is that ordinary people […]
What is a Digital Executor?
What is Digital Executor? Simply put, a Digital Executor or a Digital Will Executor is the person who will distribute, preserve and manage your digital assets and property after your demise. In today’s day and age, everyone has a digital footprint. Everything, starting from your bank account, emails to pictures of your family and pets, […]
How To Talk to Your Loved Ones about Digital Estate Planning
Most people like to avoid talking about uncomfortable things. Even more so when it involves our loved ones. No one looks forward to talking about death or money matters, especially amongst family. But it is something that must be done. Not just deciding what happens to an estate, but also who’s responsible for distributing it. […]
What is a Gift Letter?
If you are gearing up to give or receive a substantial financial gift, you should be aware of the importance of gift letters. Here are all the vital details you need to know about it. A gift letter is a formal, legal document that is a valid legal device to explain why you received a […]
Digital Estate Planning Quiz to find out if you have been Naughty or Nice this year
When it comes to planning for your assets, making it to Santa’s Nice list is no child’s play. As a holiday special, we have crafted an exclusive Digital Estate Planning quiz for you. Have you been Naughty or Nice this past year? Are you going to make it to Santa’s Nice list? Let’s find out… […]
How to Prepare an Estate Plan for your Digital Assets this Christmas
Deck the halls with boughs of holly Fa la la la la, la la la la It’s festive season and we hope you are looking forward to spending a fun and eventful Christmas with your family. We think Christmas is the best time to tackle your Estate Plan. Say what, now? Yes, you heard that, […]
5 reasons to tackle Digital Estate Plan this holiday season
‘Tis the season to be jolly Fa la la la la, la la la la Holiday season is here and it is time for joyous family gatherings, great food and holiday merriment. Speaking about Estate Planning during the holiday season might seem like a taboo topic. But you must remember that it is critically important […]